Question
ABC, Inc. is considering purchaseof a new equipment. The sales are expected to be $858,536 and the total cash expenses are expected to be $351,361.
ABC, Inc. is considering purchaseof a new equipment. The sales are expected to be $858,536 and the total cash expenses are expected to be $351,361. The annual depreciation is $32,060 and the tax rate is 26%. What is the 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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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
