Question
Suppose your firm has decided to purchase a high speed printer at a cost of $114,580 with a useful life of 7 years from which
Suppose your firm has decided to purchase a high speed printer at a cost of $114,580 with a useful life of 7 years from which it expects to receive $244,522 in new revenues. If cost of good sold are 3% of revenues, other operating costs (not including depreciation) are $35,321, you plan to use straight line depreciation and the tax rate on business income is 26%, what is the project's operating cash flow from this purchase based on the tax shield approach? Express your answer in whole numbers. For example, if you calculate an answer of 8.36 your answer should be 8 and NOT 8.36 or 8.4
answer is 153636, how do you calculate this in excel
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