Question: Bennett Co. has a potential new project that is expected to generate annual revenues of $254,000, with variable costs of $140,400, and fixed costs of

Bennett Co. has a potential new project that is expected to

Bennett Co. has a potential new project that is expected to generate annual revenues of $254,000, with variable costs of $140,400, and fixed costs of $58,600. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $20,000. The annual depreclation is $23,400 and the tax rate is 34 percent. What is the annual operating cash flow? Multiple Choice $42,956 $78,400 $121,556 $44,256 $172,212

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