Question
Problem 3 A proposed new project has projected sales of $173,400, costs of $87,720, and depreciation of $6,120. The tax rate is 23 percent. Calculate
Problem 3
| A proposed new project has projected sales of $173,400, costs of $87,720, and depreciation of $6,120. The tax rate is 23 percent. Calculate operating cash flow using the four different approaches. |
| The EBIT approach |
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| The bottom-up approach |
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| The top-down approach |
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| The tax-shield ppproach |
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
