Question
A proposed new project has projected sales of $193,800, costs of $98,040, and depreciation of $6,840. The tax rate is 24 percent. Calculate operating cash
A proposed new project has projected sales of $193,800, costs of $98,040, and depreciation of $6,840. The tax rate is 24 percent. Calculate operating cash flow using the four different approaches.
| The EBIT approach = |
| The bottom-up approach = The top-down approach= The tax-shield ppproach = |
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th Edition
0321374215, 9780321374219
