Question: Waterloo Engineering and Manufacturing provided the following data on their operations. Assume all these values are annual. Units Sold : 30,000 Unit Price: $16 Fixed.Costs

Waterloo Engineering and Manufacturing provided the following data on their operations. Assume all these values are annual. Units Sold : 30,000 Unit Price: $16 Fixed.Costs (excluding depreciation): $48,000 Variable Cost per unit: $12 Depreciation: $24,000 Tax Rate: 34% Compute the annual OCF ignoring any CCA effects

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