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*Hammersmith Brothers, Inc. is contemplating the purchase of a new $265,000 accounting software package (5-year useful life) for their customers broker operation. Hammersmith expects
*Hammersmith Brothers, Inc. is contemplating the purchase of a new $265,000 accounting software package (5-year useful life) for their customers broker operation. Hammersmith expects to generate sales of $2,525,000 against a gross profit margin structure of 5.54 percent. If the tax rate is 22%, what is the Operating Cash Flow (OCF) using the Tax Shield Approach?
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Making Hard Decisions with decision tools
Authors: Robert Clemen, Terence Reilly
3rd edition
538797576, 978-0538797573
