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a) A proposed new investment has projected sales of $950,000. Variable costs represent 60% of...

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Finance

a) A proposed new investment has projected sales of $950,000. Variable costs represent 60% of sales, and fixed costs are $210,000; depreciation is $102,000. What is the projected operating cash flow assuming a tax rate of 35%. 5pts

b) Consider the following income statement:

Sales $687,500

Operating Costs 343,860

Depreciation 110,000

Net Operating Profit ?

Taxes (35%) ?

Net Profit ?

Fill in the missing numbers and then calculate the operating cash flow. 5pts

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