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Jennies Inc. is evaluating a project that will increase annual sales by $150,000 and annual cash costs by $92,000. The project will initially require
Jennies Inc. is evaluating a project that will increase annual sales by $150,000 and annual cash costs by $92,000. The project will initially require $120,000 in fixed assets that will be depreciated straight-line to a zero book value over the four-year life of the project. The applicable tax rate is 35 percent. What is the operating cash flow for this project? O $48,200 O $43,480 $49,480 O $29,920 $11,220
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