A project is expected to generate annual revenues of $117,700, with variable costs of $74,800, and fixed costs of $15,300. The annual depreciation is $3,850 and the tax rate is 21 percent. What is the annual operating cash flow? O $42,500 O $15,225 O $22,612 O $34,519

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A project is expected to generate annual revenues of $117,700, with variable costs of $74,800, and fixed costs of $15,300. The annual depreciation is $3,850 and the tax rate is 21 percent. What is the annual operating cash flow?
O $42,500
O $15,225
O $22,612
O $34,519
Transcribed Image Text:A project is expected to generate annual revenues of $117,700, with variable costs of $74,800, and fixed costs of $15,300. The annual depreciation is $3,850 and the tax rate is 21 percent. What is the annual operating cash flow? O $42,500 O $15,225 O $22,612 O $34,519
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