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P10-5 OCF from Several Approaches [LO1] A proposed new project has projected sales of $185,300, costs of $93,740, and depreciation of $6,540. The tax rate

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P10-5 OCF from Several Approaches [LO1] A proposed new project has projected sales of $185,300, costs of $93,740, and depreciation of $6,540. The tax rate is 32 percent. Calculate operating cash flow using the four different approaches. Requirement 1: The common calculation Approach (Do not round your Intermediate calculations): 64,353.60 Requirement 2: The Bottom-Up Approach (Do not round your intermediate calculations): 66,927.74 3 Requirement 3: The Top-Down Approach (Do not round your intermediate calculations): 57,813.60 Requirement 4: The Tax-Shield Approach (Do not round your intermediate calculations): 65,354.00

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