Calculate the annual cash flow given the following information: annual cash sales $104,000; annual cash costs $63,000;
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Question:
Calculate the annual cash flow given the following information: annual cash sales $104,000; annual cash costs $63,000; annual depreciation $10,000. Tax rate is 40%.
Question 18 options:
a)$29,500
b)$32,200
c)$30,400
d)$31,300
e)$28,600
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