Question: 4 points Save Answer If ELT Corp. is planning to expand its operation by including a new project that is supposed to generate sales of

 4 points Save Answer If ELT Corp. is planning to expand

4 points Save Answer If ELT Corp. is planning to expand its operation by including a new project that is supposed to generate sales of $ 600,000 at a selling price of 12$ per unit. The valable cost per unit is 1.95$ and fixed cost include 25000$. The project requires $62000(initial cost) of fixed assets that will be depreciated using straight-line basis over its life time of 4 years. The salvage value of the fixed assets is $1,700 and tax rate is 21 percent. What is the firm's operating cash flow for Year 4? (4 points)

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