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A proposed new project has projected sales of $102,000, costs of $51,600, and depreciation of $3,600. The tax rate is 24 percent. Calculate operating cash

A proposed new project has projected sales of $102,000, costs of $51,600, and depreciation of $3,600. The tax rate is 24 percent. Calculate operating cash flow using the four different approaches.

The EBIT approach

The bottom-up approach

The top-down approach

The tax-shield ppproach

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