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Bennett Company has a potential new project that is expected to generate annual revenues of $266,600, with variable costs of $146,000, and fixed costs of
Bennett Company has a potential new project that is expected to generate annual revenues of $266,600, with variable costs of $146,000, and fixed costs of $62,800. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $27,000. The annual depreciation is $26,200 and the tax rate is 24 percent. What is the annual operating cash flow? Multiple Choice $183,406 $84,000 $37,088 $126,888 $64,088
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