The financial staff od carin communications has identified, Ask an Expert

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The financial staff od Carin Communications has identified the fallowing information for the first year of the roll-out of its new proposed services:

Projected sales $18 Million

Operating cost (not to including depreciation) $9 Million

Depreciation $4 Million

Interest expense $3 Million

The company faces a 40% tax rate. What is the project’s operation cash flow for the first year (t=1)?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91418779

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