Question
A proposed new project has projected sales of $154,700, costs of $78,260, and depreciation of $5,460. The tax rate is 23 percent. Calculate operating cash
A proposed new project has projected sales of $154,700, costs of $78,260, and depreciation of $5,460. The tax rate is 23 percent. Calculate operating cash flow using the four different approaches.
The EBIT approach?
The bottom-up approach?
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Fundamental financial accounting concepts
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
8th edition
978-0078025365
