QUESTION
62. A cost-cutting project will decrease costs by $48,500 a year. The annual depreciation on the project's fixed assets
Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-03 02:54:18
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62. A cost-cutting project
will decrease costs by $48,500 a year. The annual depreciation on the project's
fixed assets will be $11,300 and the tax rate is 34 percent. What is the amount
of the change in the firm's operating cash flow resulting from this
project?
A. $24,552
B. $26,791
C. $25,805
D. $32,333
E. $35,852
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62. A cost-cutting project will decrease costs by $48,500 a year. The annual depreciation on the project's fixed assets
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