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Question 37 Your firm is considering the purchase of a new employee tracking system that will save the company $75,000 per year in employee processing

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Question 37 Your firm is considering the purchase of a new employee tracking system that will save the company $75,000 per year in employee processing costs. This requires an investment of $150,000 for a piece of equipment that will be depreciated straight-line to zero over 3 years. The tax rate = 30%. What is the annual operating cash flow this project will generate

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