Question
You have calculated the pro forma net income for a new project to be $46,050. The incremental taxes are $22,540 and incremental depreciation is $16,600.
You have calculated the pro forma net income for a new project to be $46,050. The incremental taxes are $22,540 and incremental depreciation is $16,600. What is the operating cash flow?
A) $46,050 B) $68,590 C) $85,190 D) $29,450 E) $62,650
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
