Question: A cost-cutting project will decrease costs by $37,000 a year. The annual depreciation on the project's fixed assets will be $2,750 and the tax rate

A cost-cutting project will decrease costs by $37,000 a year. The annual depreciation on the project's fixed assets will be $2,750 and the tax rate is 21 percent. What is the amount of the change in the firm's operating cash flow resulting from this project? Multiple Choice $31,980.00 $27,05750 $29.230 50 $29.80750

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