Question
Anderson's current sales are $600 million. The company identifies a new project that will generate $60 million in sales and $40 million in cost
Anderson's current sales are $600 million. The company identifies a new project that will generate $60 million in sales and $40 million in cost of goods sold and SG&A expenses. If the depreciation is $7 million and tax rate is 30%, what is the operating cash flow (in millions) from the project?
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