A 5-year project is expected to generate revenues of 85000


A 5-year project is expected to generate revenues of $85,000, variable costs of $61,000, and fixed costs of $11,000. The annual depreciation is $6,200 and the tax rate is 38.7 percent. What is the annual operating cash flow?

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Financial Management: A 5-year project is expected to generate revenues of 85000
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