Question: A project will generate sales of $79,337 each. The variable costs are $13,331 and the fixed costs are $17,915. The project will use an equipment
A project will generate sales of $79,337 each. The variable costs are $13,331 and the fixed costs are $17,915. The project will use an equipment worth $144,198 that will be depreciated on a straight-line basis to a zero book value over a 8-year life of the project. If the tax rate is 18%, what is the operating cash flow? Note: Enter your answer rounded off to two decimal points
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