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The XYZ Corporation expects to have sales of $ 1 5 million this year. Costs other than depreciation are expected to be 8 0 %
The XYZ Corporation expects to have sales of $ million this year. Costs other than depreciation are expected to be of sales, and depreciation is expected to amount to $ million. XYZ is using $ million debt at All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. XYZs federalplusstate tax rate is What is XYZs expected cash flow from operations? Assume no other changes occurred.
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