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Check mi 1 A gym owner is considering opening a location on the other side of town. The new facility will cost $1.36 million and
Check mi 1 A gym owner is considering opening a location on the other side of town. The new facility will cost $1.36 million and will be depreciated on a straight-line basis over a 20-year period. The new gym is expected to generate $537,000 in annual sales. Variable costs are 49 percent of sales, the annual fixed costs are $86,100, and the tax rate is 21 percent. What is the operating cash flow? 3.12 points Sidpaed Multiple Choice Boak O $89,520 References o $190051 $162 618 $211,570 $316,885
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