Question
Projected Sales: $18 million Operating Costs (not including depreciation): $9 million Depreciation: $4 million Interest Expense: $3 million Tax rate= 40% What is the project's
Projected Sales: $18 million
Operating Costs (not including depreciation): $9 million
Depreciation: $4 million
Interest Expense: $3 million
Tax rate= 40%
What is the project's operating cash flow for the first year?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
