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 =

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