A proposed expansion project is expected to increase sales of JL takers store by $58,000 and increase
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Question:
A proposed expansion project is expected to increase sales of JL takers store by $58,000 and increase cash expense by $31,000. The project will cost $37,000 and we depreciate using straight line depreciation to a zero book value over the floor your life of the project. The store has a marginal tax rate of 30%. What is the operating cash flow of the project using the tax shield approach?
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