Question: Save Aniwe Question 27 10 points A project will require SS43,000 for fixed assets, $118,000 for inventory, and S142,000 for accounts receivable. Short-term debt is
Save Aniwe Question 27 10 points A project will require SS43,000 for fixed assets, $118,000 for inventory, and S142,000 for accounts receivable. Short-term debt is expected to increase by $65,000. The shipping and handling expense is $6,000. The project has a six-year life. The fixed assets will be depreciated straight-line to a zero book value over the life of the project. No bonus depreciation will be taken. The project is expected to generate annual sales of 5855,000 with costs of 5730,000. What is the project's operating cash flow at Time 1? The tax rate is 20 percent (Do not use "s" in your answer) Question 27 of 29
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