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HELP ASAP Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000
HELP ASAP
Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units at $18 a unit, production costs at 38% of sales price, annual fixed costs for production at $130,000, and straight-line depreciation expense of $200,000 per year. The company tax rate is 30%. What is the annual operating cash flow of the new GPS system? What is the annual operating cash flow of the new GPS system? \$ (Round to the nearest dollar.)Step by Step Solution
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