Question
A project will reduce costs by $40,600 but increase depreciation by $19,700. What is the operating cash flow if the tax rate is 21 percent?
A project will reduce costs by $40,600 but increase depreciation by $19,700. What is the operating cash flow if the tax rate is 21 percent? Multiple Choice
$28,060
$36,180
$36,211
$24,120
$24,360
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Financial Reporting And Statement Analysis A Strategic Approach
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
5th Edition
032418638X, 978-0324186383
