Greystone Builders has estimated the following revenues and expenses related to phase I of the proposed new commercial project: Item Amount Incremental sales $6,000,000 Total cash expenses $4,000,000 Depreciation Taxes Interest expense $600,000 40% $300,000 What is the operating cash flow? A. $800,000 B. $1,200,000 C. $1,150,000 D. $1,000,000

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter11: Cash Flow Estimation And Risk Analysis
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Kindly help me with this General accounting questions not use chart gpt please fast given solution

Greystone Builders has estimated the following revenues and
expenses related to phase I of the proposed new commercial project:
Item
Amount
Incremental sales $6,000,000
Total cash expenses $4,000,000
Depreciation
Taxes
Interest expense
$600,000
40%
$300,000
What is the operating cash flow?
A. $800,000
B. $1,200,000
C. $1,150,000
D. $1,000,000
Transcribed Image Text:Greystone Builders has estimated the following revenues and expenses related to phase I of the proposed new commercial project: Item Amount Incremental sales $6,000,000 Total cash expenses $4,000,000 Depreciation Taxes Interest expense $600,000 40% $300,000 What is the operating cash flow? A. $800,000 B. $1,200,000 C. $1,150,000 D. $1,000,000
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