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you have been given the following information for the first year of a company projected sales - 18 million operating cost - 9 million depreciation-

you have been given the following information for the first year of a company

projected sales - 18 million

operating cost - 9 million

depreciation- 4 million

interest expense - 3 million

with a 40 % tax rate, what is the projected cash flow for 1 year?

a - 7 million

b - 9 million

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