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QUESTION
Homework #7D (Project Initial Outlay and Operating cash flow)
Question 2 (1 point)
El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sales $241,731
Variable costs $126,417
Fixed costs adn selling, general and administrative expenses $13,154
Depreciation Expense $26,307
Tax Rate 35%
Calculate the operating cash flow for Year 1. Round the answer to two decimals
Your Answer: