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QUESTION
A cost-cutting project will decrease costs by $37,500 a year. The annual depreciation on the project's fixed assets will be $7,200 and the tax rate...
A cost-cutting project will decrease costs by $37,500 a year. The annual depreciation on the project's fixed assets will be $7,200 and the tax rate is 35 percent. What is the amount of the change in the firm's operating cash flow resulting from this project?
