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The financial staff of Cairn Communications has identified the following information for the first year of the roll - out of its new proposed service:
The financial staff of Cairn Communications has identified the following information for the first year of the rollout of its new proposed service:
Projected sales $ million
Operating costs not including depreciation $ million
Depreciation $ million
Interest expense $ million
The company faces a tax rate. What is the project's cash flow for the first year t Enter your answer in dollars. For example, an answer of $ million should be entered as $ Round your answer to the nearest dollar.
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