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A proposed new project has projected sales of $122,400, costs of $61,920, and depreciation of $4,320. The tax rate is 25 percent. Calculate operating cash

A proposed new project has projected sales of $122,400, costs of $61,920, and depreciation of $4,320. The tax rate is 25 percent. Calculate operating cash flow using the four different approaches.

a. The EBIT approach

b. The bottom-up approach

c. The top-down approach

d. The tax-shield ppproach

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