Question: Q# 6 Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPSsystem: annual sales of 40,000 units
Q# 6 Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPSsystem: annual sales of 40,000 units at $25 aunit, production costs at 36% of salesprice, annual fixed costs for production at $150,000, andstraight-line depreciation expense of $215,000 per year. The company tax rate is 30%. What is the annual operating cash flow of the new GPSsystem?
What is the annual operating cash flow of the new GPSsystem? $ ?
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