QUESTION
60. Rock Haven has a proposed project that will generate sales of 1,680 units annually at a selling price of $22 each. T
Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-03 02:52:23
Asked by:
User: LightspeedLearning
Rating: No Rating (0)
Earnings: $1.10
Questions: 369
Tutorials: 369
Send me a message
60. Rock Haven has a
proposed project that will generate sales of 1,680 units annually at a selling
price of $22 each. The fixed costs are $12,700 and the variable costs per unit
are $5.95. The project requires $28,000 of fixed assets that will be depreciated
on a straight-line basis to a zero book value over the 4-year life of the
project. The salvage value of the fixed assets is $6,900 and the tax rate is 34
percent. What is the operating cash flow for year four?
A. $11,794
B. $12,417
C. $14,258
D. $16,348
E. $16,971
AVAILABLE ANSWERS
60. Rock Haven has a proposed project that will generate sales of 1,680 units annually at a selling price of $22 each. T
This answer hasn't been purchased yet.
Posted on 2016-02-03 02:52:23
Posted by:
User: LightspeedLearning
Rating: No Rating (0)
earnings: $1.10
Questions: 369
Tutorials: 369
Send me a message
Preview:
...ght-line basis to a zero book value over the 4-year life of the project. The salvage value of the fixed as...
The full tutorial is about 91 words long.