Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $252,164 Variable costs $113,065 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $252,164
Variable costs $113,065
Fixed costs adn selling, general and administrative expenses $10,876
Depreciation Expense $10,385
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
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Principles Of Banking
Authors: Allyn C Buzzel
11th Edition
089982689X, 9780899826899
