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A proposed new project has projected sales of $193,800, costs of $98,040, and depreciation of $6,840. The tax rate is 22 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 22 percent. Calculate operating cash flow using the four different approaches.

1.The EBIT approach

2.The bottom-up approach

3.The top-down approach

4.The tax-shield ppproach

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