Question
Question 2(1 point) El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $296,006 Variable costs $129,366 Fixed costs
Question 2(1 point)
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $296,006
Variable costs $129,366
Fixed costs adn selling, general and administrative expenses $10,019
Depreciation Expense $25,754
Tax Rate 35%
Calculate the operating cash flow for Year 1.Round the answer to two decimals
Your Answer:
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
