Assume that a new project will annually generate revenues, Financial Management

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Assume that a new project will annually generate revenues

Assume that a new project will annually generate revenues of $2,300,000 and cash expenses (including both fixed and variable costs) of $700,000, while increasing depreciation by 170,000 per year. In addition the firm’s tax rate is 33%. Calculate the operating cash flows for the new project.

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Financial Management: Assume that a new project will annually generate revenues

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