FINANCIAL+MANAGERIAL ACCT CONNECT ACC
9th Edition
ISBN: 9781266806414
Author: Wild
Publisher: MCG CUSTOM
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Vihat Tech is considering a project that will produce incremental annual sales of $250,000 and increase cash expenses by $160,000. If the project is implemented, taxes will increase from $29,000 to $33,000. The company is debt-free. What is the amount of the operating cash flow using the top-down approach?
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