Question: Kurt's Kabinets is looking at a 4-year project that will require $76,000 in fixed assets and another $20,000 in net working capital Annual sales are

 Kurt's Kabinets is looking at a 4-year project that will require
$76,000 in fixed assets and another $20,000 in net working capital Annual

Kurt's Kabinets is looking at a 4-year project that will require $76,000 in fixed assets and another $20,000 in net working capital Annual sales are projected at $142,800 with costs of $79,600. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 35 percent. What is the annual operating cash flow for this project? Multiple Choice o $42, 240 o O S60, 440 o $40, 440 C 347730 $42240 $60,440 * $40,440 54730 $67730

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