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What are the following projects operating cash flows for year 1 : Sales: $ 2 0 ,000 All costs excluding depreciation: 1 0% of sales
What are the following projects operating cash flows for year 1:
Sales: $20,000
All costs excluding depreciation: 10% of sales
Annual depreciation expense: $1,000
Tax rate: 21%
Purchase price of asset: $2,200
Current assets: $1,000
Current liabilities: $1,700
A$4,700
B$4,720
C$14,740
D $14,850
ENone of the above
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