Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $287,319 Variable costs $127,549 Fixed costs and selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $287,319
Variable costs $127,549
Fixed costs and selling, general and administrative expenses $11,759
Depreciation Expense $25,105
Tax Rate 35%
Calculate the operating cash flow for Year 1.Round the answer to two decimals
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
