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Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40 comma 00040,000
Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40 comma 00040,000 units at $2525 a unit, production costs at 3636% of sales price, annual fixed costs for production at $130 comma 000130,000, and straight-line depreciation expense of $190 comma 000190,000 per year. The company tax rate is 3030%. What is the annual operating cash flow of the new GPS system?
What is the annual operating cash flow of the new GPS system?
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