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Scott Corporation has a new line of jewelry that will generate sales of $380,000 per year. The variable cost rate for the jewelry amounts to
Scott Corporation has a new line of jewelry that will generate sales of $380,000 per year. The variable cost rate for the jewelry amounts to 35% while fixed costs are $100,000 per year. The Capital Investment for the factory was $900,000 with a depreciable life (straight-line) of 15 years. If the Tax Rate is 22%, what is the Operating Cash Flow?
Multiple Choice
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None of the above
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$142,300
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$167,860
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$127,860
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$81,060
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