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The firm is estimating the first year operating cash flow (at t=1) for a proposed project. What is the estimated operating cashflow for the first
The firm is estimating the first year operating cash flow (at t=1) for a proposed project. What is the estimated operating cashflow for the first year? The following information is available:
Tax rate | 20% |
Sales | $11 million |
Operating costs excluding depreciation | $ 8 million |
Depreciation | $ 1 million |
Interest expense | $ 1.5 million |
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