Question: A cost-cutting project will decrease costs by $64,500 a year. The annual depreciation will be $14,550 and the tax rate is 21 percent. What is

A cost-cutting project will decrease costs by $64,500 a year. The annual depreciation will be $14,550 and the tax rate is 21 percent. What is the operating cash flow for this project?

Multiple Choice

$31,620

$54,011

$38,700

$19,980

$32,880

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!