El Dorado Storage has the following projections for Year 1 of a capital budgeting project. Sales $227,245
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Question:
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $227,245
Variable costs $118,113
Fixed costs and selling, general and administrative expenses $13,669
Depreciation Expense $20,186
Tax Rate 35%
Calculate the operating cash flow for Year 1.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
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