Question: Waterloo Engineering and Manufacturing provided the following data on their operations. Assume all these values are annual. Units Sold : 40,000 Unit Price: $30 Fixed
Waterloo Engineering and Manufacturing provided the following data on their operations. Assume all these values are annual.
Units Sold : 40,000
Unit Price: $30
Fixed Costs (excluding depreciation): $120,000
Variable Cost per unit: $21
Depreciation: $60,000
Tax Rate: 27%
Compute the annual OCF ignoring any CCA effects.
I need to see the steps for OFC please
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