A project with a life of 9 years is expected to provide annual sales of...
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Finance
A project with a life of 9 years is expected to provide annual sales of $410,000 and costs of $293,000. The project will require an investment in equipment of $715,000, which will be depreciated on a straight-line method over the life of the project. You feel that both sales and costs are accurate to +/10 percent. The tax rate is 21 percent. What is the annual operating cash flow for the best-case scenario?
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