Question: A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 21 percent. What is
A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 21 percent. What is the operating cash flow for this project?
Multiple Choice
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$28,648
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$17,623
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$55,527
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$42,965
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$37,453
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