Question: A cost-cutting project will decrease costs by $25 000 a year. The annual depreciation on the project's fixed assets will be $6800 and the tax
A cost-cutting project will decrease costs by $25 000 a year. The annual depreciation on the project's fixed assets will be $6800 and the tax rate is 34%. What is the amount of the change in the firm's operating cash flow created by this project?
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