Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $245,187 Variable costs $115,215 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $245,187 Variable costs $115,215 Fixed costs adn selling, general and administrative expenses $14,194 Depreciation Expense $29,617 Tax Rate 35% Calculate the operating cash flow for Year 1. Round the answer to two decimals Your Answer:
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Financial Institutions Management
Authors: Anthony Saunders
3rd Edition
007303259X, 978-0073032597
