Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $225,509 Variable costs $122,547 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $225,509
Variable costs $122,547
Fixed costs adn selling, general and administrative expenses $12,757
Depreciation Expense $28,480
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
415
