As a member of UA Corporation's financial staff, you must estimate the Year 1 cash flow for a proposed project with the following data. What is the Year 1 cash flow? Do not round the intermediate calculations and round the final answer to the nearest whole number.

Sales revenues, each year	$39,500
Depreciation	$10,000
Other operating costs	$17,000
Interest expense	$4,000
Tax rate	35.0%

a. $19,406

b. $16,457

c. $15,836

d. $14,438

e. $15,525

Answer rating: 100% (QA)

Answer e 15525 Solution Cash flow Net profit depreciation CALCULATION OF NET PROF... View the full answer