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Business, 18.05.2021 18:50 HBBTRACO224

Marie's Fashions is considering a project that will require $23,000 in net working capital and $78,000 in fixed assets. The project is expected to produce annual sales of $78,000 with associated costs of $60,000. The project has a 5-year life. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 30 percent. What is the annual operating cash flow for this project

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