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OCF from Several Approaches A proposed new project has projected sales of $85,000, costs of $43,000, and depreciation of $3,000. The tax rate is 35
OCF from Several Approaches A proposed new project has projected sales of $85,000, costs of $43,000, and depreciation of $3,000. The tax rate is 35 per- cent. Calculate operating cash flow using the four different approaches described in the chapter and verify that the answer is the same in each case.
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