Question
ABC Company is considering a new project. The project is expected to generate annual sales of $93,368, variable costs of $22,321, and fixed costs of
ABC Company is considering a new project. The project is expected to generate annual sales of $93,368, variable costs of $22,321, and fixed costs of $8,344. The depreciation expense each year is $13,103 and the tax rate is 32 percent. What is the annual operating cash flow?
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
