Question
Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units
Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units at $26 a unit, production costs at 37% of sales price, annual fixed costs for production at $150,000, and straight-line depreciation expense of $205,000 per year. The company tax rate is 35%. What is the annual operating cash flow of the new GPS system? What is the annual operating cash flow of the new GPS system? $ (Round to the nearest dollar.)
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