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Smith Manufacturing Inc. expects the following results in year one of a new project: Revenue $400,000 Cash Expenses 150,000 Depreciation 90,000 EBIT $160,000 Taxes 48,000
Smith Manufacturing Inc. expects the following results in year one of a new project: Revenue $400,000 Cash Expenses 150,000 Depreciation 90,000 EBIT $160,000 Taxes 48,000 Net Income $112,000 The annual change in operating cash flow is equal to
| $298,000. | ||
| $202,000. | ||
| $160,000. | ||
| $250,000. |
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