A store will cost $975,000 to open. Variable costs will be 44% of sales and fixed costs are $120,000 per year. The investment costs will be depreciated straight-line over the 15 year life of the store to a salvage value of zero. The opportunity cost of capital is 11% and the tax rate is 25%. Find the operating cash flow each year if sales revenue is $700,000 per year. Enter your response below. Number Click "Verify" to proceed to the next part of the question. Section Attempt 1 of 1 Verify

A store will cost $975,000 to open, Variable costs will be 44% of sales and foxed costs are $120,000 per year. The investment costs will be depreciated stralght-line over the 15 vear lite of the store to a salvage value of zero. The opportunify cost of capitat is 11 . and the tax rata is 25% Find the operating cash fiow each year if sales revenue is $700,000 per year. Enter your response below. Click 'Verily" to proceed to the next part of the question. Section Antempt 1 of 1