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Doyle Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 48,000 units at 18aunit, productioncostsat37180,000, and

Doyle Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 48,000 units at 18aunit, productioncostsat37180,000, and depreciation expense (straight-line) of $240,000 per year. The company tax rate is 35%. What is the annual operating cash flow of the new GPS system

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