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A proposed new project has projected sales of $141,100, costs of $71,380, and depreciation of $4,980. The tax rate is 22 percent. Calculate operating cash

A proposed new project has projected sales of $141,100, costs of $71,380, and depreciation of $4,980. The tax rate is 22 percent. Calculate operating cash flow using the four different approaches.

The EBIT approach

The bottom-up approach

The top-down approach

The tax-shield approach

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