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A project will reduce costs by $34,000 but increase depreciation by $16,500. What is the operating cash flow of this project based on the tax shield approach if the tax rate is 40 percent?

$5,775

$9,275

$15,625

$20,400

$27,000

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91396055

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