Question: please Bennett Company has a potential new project that is expected to generate annual revenues of $252 200, with variable costs of $139,600, and fixed

 please Bennett Company has a potential new project that is expected

please

Bennett Company has a potential new project that is expected to generate annual revenues of $252 200, with variable costs of $139,600, and fixed costs of $58,000. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $19.000 The annual depreciation is $23,000 and the tax rate is 21 percent What is the annual operating cash flow? Multiple Choice $43 650 $120.650

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!