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Rock Haven has a proposed project that will generate sales of 1,830 units annually at a selling price of $30 each. The fixed costs are
Rock Haven has a proposed project that will generate sales of 1,830 units annually at a selling price of $30 each. The fixed costs are $16,900 and the variable costs per unit are $9.15. The project requires $32,800 of fixed assets that will be depreciated on a straight-line basis to a zero book value over the 4-year life of the project. The salvage value of the fixed assets is $8,500 and the tax rate is 40 percent. What is the operating cash flow
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