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Accounting Homework Help
Accounting Homework Help
Thesports club wants to expand his facility. The expansion willrequire $438,000 in building improvements that will be depreciatedon a straight line basis over a 20 year period. The expanded areais expected to generate $203,000 in additional sales. Variablecosts are 60% of sales and the annual fixed cost are $13,600. Thetax rate is 34%. What is the operating cash flow for the first yearof this project?
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16 Oct 2017
Due Date: 16 Oct 2017
Answers (1)
OPERATING CASH FLOW