Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $268,246 Variable costs $112,693 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $268,246
Variable costs $112,693
Fixed costs adn selling, general and administrative expenses $11,503
Depreciation Expense $28,979
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
Your Answer:
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
