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Barry's Burgers is trying to estimate the first year's after-tax operating cash flow for a potential project. The financial staff has gathered the following information: Sales are projected to be $250,000 The operating profit margin is projected to be 8.2 percent Depreciation expense in the first year is projected to be $36,000 Given this information and the firm's tax rate of 40 percent, what is this project's after-tax operating cash flow for the first year? Please show all work.

Financial Management, Finance

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