Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $245,367 Variable costs $129,465 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $245,367
Variable costs $129,465
Fixed costs adn selling, general and administrative expenses $14,226
Depreciation Expense $24,395
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
Your Answer:
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Financial Intelligence For IT Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119149, 9781422119143
