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Jefferson & Sons is evaluating a project that will increase annual sales by $70,000 and annual...

Jefferson & Sons is evaluating a project that will increase annual sales by $70,000 and annual costs by $40,000. The project will initially require an investment in machine, and the depreciation expense for this machine is $10,000. The applicable tax rate is 34 percent. What is the operating cash flow for this project?
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IF ANY QUERY, FEEL FREE TO ASK THEM AND GET RESOLVED Solution Operating cashflow = operating profit after tax + depreciation

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