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A store will cost $1,000,000 to open. Variable costs will be 55% of sales and fixed costs are $160,000 per year. The investment costs will

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A store will cost $1,000,000 to open. Variable costs will be 55% of sales and fixed costs are $160,000 per year. The investment costs will be depreciated straight-line over the 9 year life of the store to a salvage value of zero. The opportunity cost of capital is 9% and the tax rate is 25%. Find the operating cash flow if sales revenue is $700,000 per year. Enter your response below. Number Click "Verify" to proceed to the next part of the question. Section Attempt 1 of 1 Verify

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