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A proposed new project has projected sales of $119,000, costs of $53,000, and depreciation of $12,200. The tax rate is 30 percent. Calculate operating cash
| A proposed new project has projected sales of $119,000, costs of $53,000, and depreciation of $12,200. The tax rate is 30 percent. Calculate operating cash flow using the four different approaches. |
| Approaches | Operating cash flow |
| EBIT + Depreciation - Taxes | $ |
| Top-down | $ |
| Tax-shield | $ |
| Bottom-up | $ |
| Is the answer the same in each case? | ||||
|
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The Financialized Economy
Authors: Alexander Styhre
1st Edition
0367754568, 978-0367754563
