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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 40,000 units at
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 $23 a unit, production costs at 35% of sales price, annual fixed costs for production at $140,000, and straight-4ine depreciation expense of $190,000 per year. The company tax rate is 38%. 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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