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Bennett Co. has a potential new project that is expected to generate annual revenues of $252,200, with variable costs of $139,600, and fixed costs of
Bennett Co. has a potential new project that is expected to generate annual revenues of $252,200, with variable costs of $139,600, and fixed costs of $58,000. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $19,000. The annual depreciation is $23,000 and the tax rate is 35 percent. What is the annual operating cash fidw? Multiple Choice $43,540 $43,650 $120,650 $43,540 $43,650 $120,650 $170,612 $77,600
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