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b. Kite Limited has provided the following forecast for the upcoming year for their business. Based on the given information, calculate the operating cashflow. The
b. Kite Limited has provided the following forecast for the upcoming year for their business. Based on the given information, calculate the operating cashflow. The company projected sales volume is $143,200. Cost of goods sold is 60% of the sales revenue and administration and other expenses is $10,500. The depreciation expenses will be $8,000 and the corporate tax rate is 30%. Show all your calculations.
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