Problemernies electrical is evaluating a project which will, Ask an Expert

Accounting

Problem:

Ernie's Electrical is evaluating a project which will increase sales by $50,000 and costs by $30,000. The project will cost $150,000 and will be depreciated straight-line to a zero book value over the 10 year life of the project. The applicable tax rate is 34%.

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Question: What is the operating cash flow for this project in year 1?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168027

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