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Creminy, Inc. estimates revenue of $84,000, costs of $42,000, and depreciation of $8,000 related to a new project. The marginal tax rate is 34%. The

Creminy, Inc. estimates revenue of $84,000, costs of $42,000, and depreciation of $8,000 related to a new project. The marginal tax rate is 34%.

The project will require a capital expenditure of $57,000. It will also require an additional $18,000 in current (operating) assets and will create an extra $14,000 in current (operating) liabilities.

what is the operating cash flow?

what is the change in working capital?

what is the free cash flow?

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