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Mater Pasta Ltd . has projected a sales volume of $ 1 , 4 3 2 for the second year of a proposed expansion project.

Mater Pasta Ltd. has projected a sales
volume of $1,432 for the second year of a proposed expansion project. Costs normally
run 70% of sales, or about $1,002 in this case. The capital cost allowance will be $80,
and the tax rate is 40%. What is the operating cash flow? Calculate your answer using
the top-down, bottom-up, and tax shield approaches described in the chapte

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