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Using the first year of the roll out of its new proposed service: projected sales 20 million operating costs 8 million depreciation 6 million interest

Using the first year of the roll out of its new proposed service:

projected sales 20 million

operating costs 8 million

depreciation 6 million

interest expense 3 million

the company faces a 35% tax rate.

what is the projects operating cash flow for the first year (t=1)

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