Question: A cost-cutting project will decrease costs by $67,900 a year. The annual depreciation will be $17,100 and the tax rate is 23 percent. What is
A cost-cutting project will decrease costs by $67,900 a year. The annual depreciation will be $17,100 and the tax rate is 23 percent. What is the operating cash flow for this project?
Multiple Choice
$52,283
$56,216
$48,350
$19,550
$11,684
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