Question: A project will generate sales of $45,952 each. The variable costs are $19,216, and the fixed costs are $12,445. The project will use equipment worth
A project will generate sales of $45,952 each. The variable costs are $19,216, and the fixed costs are $12,445. The project will use equipment worth $119,503 that will be depreciated on a straight-line basis to a zero book value over the project's 6-year life. If the tax rate is 18%, what is the operating cash flow?
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