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Woodard Pools is evaluating a project which will increase annual sales by $50,000 and costs by $30,000. The project has an initial asset cost of
Woodard Pools is evaluating a project which will increase annual sales by $50,000 and costs by $30,000. The project has an initial asset cost of $150,000 that will be depreciated straight—line to a zero book value over the 10—year life of the project. The applicable tax rate is 25 percent. What is the annual operating cash flow for this project?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
