Question: please help with this P10-11 (similar to) Question Help Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a
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P10-11 (similar to) Question Help Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units at $18 a unit, production costs at 36% of sales price, annual fixed costs for production at $160,000, and straight-line depreciation expense of $180,000 per year. The company tax rate is 30%. What is the annual operating cash flow of the new GPS system? What is the annual operating cash flow of the new GPS system? $ (Round to the nearest dollar.)
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