Question: A project will generate sales of $44,512 each. The variable costs are $14,532 and the fixed costs are $11,806. The project will use an equipment
A project will generate sales of $44,512 each. The variable costs are $14,532 and the fixed costs are $11,806. The project will use an equipment worth $110,307 that will be depreciated on a straight-line basis to a zero book value over a 19-year life of the project. If the tax rate is 13%, what is the operating cash flow? Note: Enter your answer rounded off to two decimal points.
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