Question
A proposed new investment has projected sales of $950,000. Variable costs are 70% of sales, and fixed costs are $145,000; depreciation is $75,000. If the
A proposed new investment has projected sales of $950,000. Variable costs are 70% of sales, and fixed costs are $145,000; depreciation is $75,000. If the tax rate is 21%, how much are the operating cash flow and the depreciation tax shield?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
