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Thaler & Co anticipates an increase of $1,000,000 in Net Operating Income from the first year sales of a new product. Taxes will be $350,000
Thaler & Co anticipates an increase of $1,000,000 in Net Operating Income from the first year sales of a new product. Taxes will be $350,000 and the company took $150,000 in depreciation expense. Operating cash flows equals? (Please show your calculations)
A. $1,000,000
B. $500,000
C. $800,000
D. $650,000
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