Question: A cost-cutting project will decrease costs by $67,500 a year. The annual depreciation will be $16,800 and the tax rate is 40 percent. What is

A cost-cutting project will decrease costs by $67,500 a year. The annual depreciation will be $16,800 and the tax rate is 40 percent. What is the operating cash flow for this project? Multiple Choice

a. $33,780

b. $33,720

c. $47,220

d. $40,500

e. $20,280

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