Question
A proposed new project has projected sales of $164,000, costs of $87,000, and depreciation of$15,200. The tax rate is 35 percent. Calculate operating cash flow
A proposed new project has projected sales of $164,000, costs of $87,000, and depreciation of$15,200. The tax rate is 35 percent.
Calculate operating cash flow using the four different approaches.
What is the depreciation tax shield?
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Financial Statement Analysis
Authors: Charles H. Gibson
13th International Edition
1133189407, 9781133189404
