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QUESTION 8 An enterpise is evaluating a project that will increase sales by $502,000 and costs by $240,000. The project will initially cost $1,782.000
QUESTION 8 An enterpise is evaluating a project that will increase sales by $502,000 and costs by $240,000. The project will initially cost $1,782.000 for fixed assets that will be depreciated straight-line to a zero book value over the 10-year life of the project. The annual net working capital required is 10 percent of sales. The applicable tax rate is 25 percent. What is the annual operating cash flow for this project? O $248,550 O$233,550 O $241,050 $256,050 O $226,050
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