Question: Wright Communications is trying to estimate the first - year operating cash flow for a proposed project. The financial staff has collected the following information:
Wright Communications is trying to estimate the firstyear operating cash flow for a proposed project. The financial staff has collected the following information:
Financial Item:
tableProjected Sales,$ millionExpenses$ millionDepreciation$ millionInterest Expense,$ million
The company faces a percent tax rate. What is the project's operating cash flow for year answer in units of millions
Answer format: Currency: Round to: decimal places.
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