A project has the following forecasted values for its first year: revenue: $500,000; costs and...
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Finance
A project has the following forecasted values for its first year: revenue: $500,000; costs and expenses (not including depreciation: $300,000; depreciation: $100,000. Suppose its tax rate is 34%. What is its operating cash flow during the first year? $266,000 $83,000 None of the listed $166,000 $132,000
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