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You work for Sparta Corp, and you must estimate the Year 1 operating cash flow for a proposed project. The following data is available: . • Sales revenue: $18,000 Depreciation expense: $5,000 ⚫ Other operating costs: $7,000 • • Tax rate: 30% What is the Year 1 operating cash flow? a) $7,600 b) $7,900 c) $8,100 d) $8,600 e) $8,900

You work for Sparta Corp, and you must estimate the Year 1 operating cash flow for a proposed project. The following data is available: . • Sales revenue: $18,000 Depreciation expense: $5,000 ⚫ Other operating costs: $7,000 • • Tax rate: 30% What is the Year 1 operating cash flow? a) $7,600 b) $7,900 c) $8,100 d) $8,600 e) $8,900

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You work for Sparta Corp, and you must estimate the Year 1 operating cash flow for a proposed project. The following data is available: . • Sales revenue: $18,000 Depreciation expense: $5,000 ⚫ Other operating costs: $7,000 • • Tax rate: 30% What is the Year 1 operating cash flow? a) $7,600 b) $7,900 c) $8,100 d) $8,600 e) $8,900
Transcribed Image Text:You work for Sparta Corp, and you must estimate the Year 1 operating cash flow for a proposed project. The following data is available: . • Sales revenue: $18,000 Depreciation expense: $5,000 ⚫ Other operating costs: $7,000 • • Tax rate: 30% What is the Year 1 operating cash flow? a) $7,600 b) $7,900 c) $8,100 d) $8,600 e) $8,900
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