Question: Bennett Co. has a potential new project that is expected to generate annual revenues of $264,200, with costs of $202,600. The annual depreciation is $24,800
Bennett Co. has a potential new project that is expected to generate annual revenues of $264,200, with costs of $202,600. The annual depreciation is $24,800 and the tax rate is 21 percent. An initial cash outlay of $20,300 is required for net working capital. What is the annual operating cash flow?
Annual Operating Cash Flow =
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
