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Professional Co. is considering a project which will produce sales of $9,080 and increase cash expenses by $3,500. If the project is implemented, taxes will
Professional Co. is considering a project which will produce sales of $9,080 and increase cash expenses by $3,500. If the project is implemented, taxes will increase by $1,900. The additional depreciation expense will be $1,025. An initial cash outlay of $2,800 is required for net working capital. What is the amount of the operating cash flow using the top-down approach? $3,580 $1,580 $3,680 $2,200
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