Question
El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $232,099 Variable costs $110,760 Fixed costs adn selling, general
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $232,099
Variable costs $110,760
Fixed costs adn selling, general and administrative expenses $11,426
Depreciation Expense $11,938
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
