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ABC Company is considering a new project. The project is expected to generate annual sales of $94,790, variable costs of $24,923, and fixed costs of
ABC Company is considering a new project. The project is expected to generate annual sales of $94,790, variable costs of $24,923, and fixed costs of $8,744. The depreciation expense each year is $13,125 and the tax rate is 34 percent. What is the annual operating cash flow? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
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