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

  • $28,648

  • $17,623

  • $55,527

  • $42,965

  • $37,453

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