A proposed new project has projected sales of $175,000, costs of $93,000, and depreciation of $24,800. The
Question:
A proposed new project has projected sales of $175,000, costs of $93,000, and depreciation of $24,800. The tax rate is 23 percent. Calculate operating cash flow using the four different approaches described in the chapter and verify that the answer is the same in each case.
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To calculate the OCF we first need to calculate net income The income statement is Sales ...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
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