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Project Cash Flow: *Motley Cruises is evaluating a proposed new project that has projected sales of $225,000, costs of $133,000, and depreciation of $24,800.
Project Cash Flow: *Motley Cruises is evaluating a proposed new project that has projected sales of $225,000, costs of $133,000, and depreciation of $24,800. Capital spending for the year is forecast at $53,650. The tax rate is 21 percent. Motley Cruises' net working capital schedule is provided below. What is the company's Total Cash Flow at year end? Beginning of Year Accounts Receivable Accounts Payable $90,155 $72,450 End of Year $101,600 $ 85,230
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