Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $282,285 Variable costs $121,122 Fixed costs and selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $282,285
Variable costs $121,122
Fixed costs and selling, general and administrative expenses $13,264
Depreciation Expense $25,234
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
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Personal Finance
Authors: Megan Noel, Dan French
2nd Edition
1465246479, 9781465246479
