Question
In the current year, Company Y earns cash-basis revenues of $1,000,000. Their expenses (excluding depreciation) were $800,000, and the depreciation expense was $100,000. The applicable
In the current year, Company Y earns cash-basis revenues of $1,000,000. Their expenses (excluding depreciation) were $800,000, and the depreciation expense was $100,000. The applicable tax rate is 40%. Calculate Company Ys operating cash flow for the current year.
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Principles Of Project Finance
Authors: E.R. Yescombe
1st Edition
0127708510, 978-0127708515
