Question: A project will reduce costs by $39,700 but increase depreciation by $19,100. What is the operating cash flow if the tax rate is 40 percent?

A project will reduce costs by $39,700 but increase depreciation by $19,100. What is the operating cash flow if the tax rate is 40 percent? Multiple Choice $23,520 $27,340 $23,820 $31,460 $35,280
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