Question
As assistant to the CFO of Rock Inc., you must estimate the Year 1 cash flow for a project with the following data. Sales revenues
As assistant to the CFO of Rock Inc., you must estimate the Year 1 cash flow for a project with the following data.
| Sales revenues | $22,250 |
| Depreciation | $8,000 |
| Other operating costs | $12,000 |
| Tax rate | 35% |
The Year 1 cash flow is closest to:
Group of answer choices
$10,039
$9,463
$9,179
$8,903
$9,746
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
