Managerial Accounting
Managerial Accounting
15th Edition
ISBN: 9781337912020
Author: Carl Warren, Ph.d. Cma William B. Tayler
Publisher: South-Western College Pub
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value of these assets at the end of year 3 is expected to be $10,000. NWC requirements at the beginning of each year will be approximately 25 percent
of the projected sales during the coming year. The tax rate is 21 percent and the required return on the project is 15 percent. What is the operating cash
flow for the project in year 2?
Multiple Choice
О
$18,700
$18,867
О
$39,050
$40,317
貨
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Transcribed Image Text:value of these assets at the end of year 3 is expected to be $10,000. NWC requirements at the beginning of each year will be approximately 25 percent of the projected sales during the coming year. The tax rate is 21 percent and the required return on the project is 15 percent. What is the operating cash flow for the project in year 2? Multiple Choice О $18,700 $18,867 О $39,050 $40,317 貨
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