Question: Bennett Co. has a potential new project that is expected to generate annual revenues of $256,700, with variable costs of $141,600, and fixed costs of

Bennett Co. has a potential new project that is expected to generate annual revenues of $256,700, with variable costs of $141,600, and fixed costs of $59,500. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $21,500. The annual depreciation is $24,000 and the tax rate is 34 percent. What is the annual operating cash flow? Multiple Choice $44,856 o $42,260 o $123,260 o o $79,600
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