Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $212,176 Variable costs $125,777 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $212,176
Variable costs $125,777
Fixed costs adn selling, general and administrative expenses $15,000
Depreciation Expense $12,281
Tax Rate 35%
Calculate the operating cash flow for Year 1.Round the answer to two decimals
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Get StartedRecommended Textbook for
Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
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