TDL Corporation generated sales of 900 bicycles at a selling price of $900 each. The fixed...
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TDL Corporation generated sales of 900 bicycles at a selling price of $900 each. The fixed costs are $300,000 and variable costs per unit are $550. Assume that variable costs and fixed costs are both cash costs. The annual depreciation of the machinery is $100,000. Calculate the annual operating cash flow if the corporate tax rate is 34%. TDL Corporation generated sales of 900 bicycles at a selling price of $900 each. The fixed costs are $300,000 and variable costs per unit are $550. Assume that variable costs and fixed costs are both cash costs. The annual depreciation of the machinery is $100,000. Calculate the annual operating cash flow if the corporate tax rate is 34%.
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Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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