Question: A project will generate sales of $79,423 each. The variable costs are $8,305 and the fixed costs are $11,984. The project will use an equipment
A project will generate sales of $79,423 each. The variable costs are $8,305 and the fixed costs are $11,984. The project will use an equipment worth $121,964 that will be depreciated on a straight-line basis to a zero book value over a 20-year life of the project. If the tax rate is 19%, what is the operating cash flow?
Note: Enter your answer rounded off to two decimal points.
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