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(CHAPTER 10) Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $378,000 in
(CHAPTER 10) Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $378,000 in sales revenue, the production costs will total $269,000, and it will be in the 34% corporate income tax rate bracket. In addition, your company would need to spend $500,000 on buying production equipment, which will be depreciating straight line over 9 years. Calculate the estimated first year Operating Cash Flow. (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use "$" in your answer.) (CHAPTER 10) Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $378,000 in sales revenue, the production costs will total $269,000, and it will be in the 34% corporate income tax rate bracket. In addition, your company would need to spend $500,000 on buying production equipment, which will be depreciating straight line over 9 years. Calculate the estimated first year Operating Cash Flow. (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use "$" in your answer.)
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