Question
Bennett Co. has a potential new project expected to generate $247,700 annual revenue with $137,600 variable costs and $56,500 fixed costs. To finance the new
Bennett Co. has a potential new project expected to generate $247,700 annual revenue with $137,600 variable costs and $56,500 fixed costs. To finance the new project, the company will need to make a new loan with an annual interest expense of $16,500. The annual depreciation is $22,000 and the tax rate is 40 percent.
What is annual operating cash flow?
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Financial Analysis with Microsoft Excel
Authors: Timothy R. Mayes, Todd M. Shank
7th edition
1285432274, 978-1305535596, 1305535596, 978-1285432274
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