Question: to Assignment A0 Keep the Highest 0/1 13. Problem 11.02 (project Cash Flow) book Project Cash Flow The financial staff or Cam Communications has identified
to Assignment A0 Keep the Highest 0/1 13. Problem 11.02 (project Cash Flow) book Project Cash Flow The financial staff or Cam Communications has identified the following information for the first year of the roll-out of its new proposed service: Projected sales $18 million Operating costs (not including depreciation) $7 million Depreciation $5 million Interest expense The company faces a 25% tax rate. What is the project's operating cash flow for the first year (t = 1)? Enter your answer in dollars. For example, an answer of $1.2 million should be entered an $1,200,000. Round your answer to the nearest dollar $4 million 5 Grade It Now Save & Continue Continue without saving
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