Question: A proposed new project has projected sales of $183,600, costs of $92,880, and depreciation of $6,480. The tax rate is 30 percent. Calculate operating cash flow using the four different approaches.
Requirement 1: The common calculation Approach (Do not round your intermediate calculations):
Requirement 2: The Bottom-Up Approach (Do not round your intermediate calculations):
Requirement 3: The Top-Down Approach (Do not round your intermediate calculations):
Requirement 4: The Tax-Shield Approach (Do not round your intermediate calculations):