Question
J's Foods is trying to estimate the cash flows in their first year of operation. They project that the firm will have sales of 100,000;
J's Foods is trying to estimate the cash flows in their first year of operation. They project that the firm will have sales of 100,000; operating costs of 50,000; and depreciation of 10,000. If their tax rate is 23% what would the firm's operating cash flow equal?
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
