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A project is expected to generate annual revenues of $128,900, with variable costs of $79,000,...

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Finance

A project is expected to generate annual revenues of $128,900, with variable costs of $79,000, and fixed costs of $19,500. The annual depreciation is $4,550 and the tax rate is 21 percent. What is the annual operating cash flow?

  • $51,447

  • $34,950

  • $70,947

  • $30,400

  • $24,972

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