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A proposed new investment has projected sales of $450,000. Variable costs are 40% of sales, and fixed costs are $100,000. Depreciation is $75,000. Assuming a
A proposed new investment has projected sales of $450,000. Variable costs are 40% of sales, and fixed costs are $100,000. Depreciation is $75,000. Assuming a tax rate of 40%. What is the operating cash flow
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
