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A new project is expected to generate annual sales of $74 million, annual expenses of $42...

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Finance

A new project is expected to generate annual sales of $74million, annual expenses of $42 million, and an annual depreciationexpense of $10 million. The firm's tax rate is 35%. Calculate theOCF (Operating Cash flow) for the year by using any of the threemethods discussed in the chapter 9

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A new project is expected to generate annual sales of $74million, annual expenses of $42 million, and an annual depreciationexpense of $10 million. The firm's tax rate is 35%. Calculate theOCF (Operating Cash flow) for the year by using any of the threemethods discussed in the chapter 9

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