Question: A project has annual depreciation of $15,028, cost…
A project has annual depreciation of $15,028, costs of $82,592, and sales of $138,765. The applicable tax rate is 34 percent. What is the operating cash flow according to the tax shield approach?
- $27,666.67
- $27,157.02
- $39,878.84
- $42,183.70
- $21,540.09
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