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Question 29 6 points Save Answer A proposed new investment has projected sales of $1,050,000. Variable costs are 60% of sales, and fixed costs are
Question 29 6 points Save Answer A proposed new investment has projected sales of $1,050,000. Variable costs are 60% of sales, and fixed costs are $285,000; depreciation is $67,000. Assume a tax rate is 40%. What is the annual operating cash flow? $148,000 O a. Ob $40,800 OC. $107,800 Od: $81,000 Oe. $68,000
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