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D&G is analyzing a 5 year project for fixed assets of 1.6m.... the cost will be depreciated on a SL basis to zero book value over life of the project. At the end of the project the assets will be worthless. The projected annual sales are 1.1m and the total fixed and variable costs are 9.6m. Tax is 34%. What is annual operating cash flow?

Financial Management, Finance

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