Question: What is a project's Year 1 cash flow based on the data shown below? Annual sales revenues $50,000 Depreciation $9,000 Operating costs, excluding depreciation $18,000
What is a project's Year 1 cash flow based on the data shown below?
Annual sales revenues
$50,000
Depreciation
$9,000
Operating costs, excluding depreciation
$18,000
Interest expense
$7,000
Tax rate
40%
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