A nine-year project is expected to generate annual revenues of $137,800, variable costs of $82,600, and fixed costs of $11,000. The annual depreciation is $23,500 and the tax rate is 34 percent. What is the annual operating cash flow?
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Answer:
59,872.
Explanation:
+annual revenue
+depreciation
-variable cost
-fixed cost
after calculating all these things charge the tax 34%=29,328
= 87,200-29328
=59,872 answer
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