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Truman Inc. is trying to estimate the operating cash flows for a single year project. The financial staff has collected the following information on the
Truman Inc. is trying to estimate the operating cash flows for a single year project. The financial staff has collected the following information on the project:
Sales Revenue | $10,000,000 |
Operating Cost excluding depreciation | $7,000,000 |
Annual Depreciation Expense | $2,000,000 |
Annual Interest Expense | $2,500,000 |
Corporate Tax Rate | 42% |
Calculate the operating cash flow for this one-year project. Enter your answer as a whole number (with 0 decimal places) Do not enter dollar signs or commas.
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