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TTT Inc. is trying to estimate their first year operating cash flow for a proposed project in their hardware division. They have the following financial
TTT Inc. is trying to estimate their first year operating cash flow for a proposed project in their hardware division. They have the following financial information:
Projected Sales | $1 million |
Depreciation | $200,000 |
Operating Costs | $700,000 (not including depreciation) |
Interest Expense | $200,000 |
The company is in the 21% tax rate. What is the projects operating cash flow for the first year?
(Round to the nearest dollar and do not enter a dollar sign)
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