Question: A project will generate sales of $77,830 each. The variable costs are $15,202 and the fixed costs are $18,431. The project will use an equipment
A project will generate sales of $77,830 each. The variable costs are $15,202 and the fixed costs are $18,431. The project will use an equipment worth $104,611 that will be depreciated on a straight-line basis to a zero book value over a 6-year life of the project. If the tax rate is 20%, what is the operating cash flow?
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