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Problem 10-5 OCF from Several Approaches [L01] A proposed new project has projected sales of $204,000, costs of $93,500, and depreciation of $25,500. The tax

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Problem 10-5 OCF from Several Approaches [L01] A proposed new project has projected sales of $204,000, costs of $93,500, and depreciation of $25,500. The tax rate is 23 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.) Operating cash flow EBIT+ Depreciation - Taxes Top-down Tax-shield Bottom-up

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