Jacob's Jewelers is considering carrying a new product line which is expected to produce annual sales of
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Jacob's Jewelers is considering carrying a new product line which is expected to produce annual sales of $450,000 and increase cash expenses by $305,001. If the product line is added, taxes will increase by $38,001. The additional depreciation expense will be $36,001. An initial cash outlay of $65,000 is required for net working capital. What is the amount of the operating cash flow using the top down approach?
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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