You have calculated the pro forma net income for a new project to be $46,260. The incremental taxes are $23,030 and incremental depreciation is $17,090. What is the operating cash flow?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 7P: Your division is considering two investment projects, each of which requires an up-front expenditure...
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You have calculated the pro forma net income for a new project to be $46,260. The incremental taxes are $23,030 and
incremental depreciation is $17,090. What is the operating cash flow?
Transcribed Image Text:You have calculated the pro forma net income for a new project to be $46,260. The incremental taxes are $23,030 and incremental depreciation is $17,090. What is the operating cash flow?
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