Question: Bennett Company has a potential new project that is expected to generate annual revenues of $250,400, with variabio costs of $138,800, and fixed costs of
Bennett Company has a potential new project that is expected to generate annual revenues of $250,400, with variabio costs of $138,800, and fixed costs of $57,400. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $18,000. The annual depreciation is $22,600 and the tax rate is 21 percent. What is the annual operating cash flow? Mistiple Choice $169.004 5116,346 $40.946 $58.946 $76.600
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
