Question: A company is evaluating a project that will increase sales by $208,000 and costs by $124,800. The project will initially cost $624,000 for fixed assets

A company is evaluating a project that will increase sales by $208,000 and costs by $124,800. The project will initially cost $624,000 for fixed assets that will be depreciated straight-line to a zero book value over the 10-year life of the project. The applicable tax rate is 33 percent. What is the annual operating cash flow for this project? $76,960 $74,464 $75,712 $75,088 $76,336
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