Operating Cash Flow Assignment | Homework For You
June 9th, 2020
- Peanuts Industries is starting a new project to develop tiger logo pink slippers for the Clemson football team. This project will generate revenues of $300,000 annually. Annual cash expenses including Fixed and Variable Costs equal $190,000 — in addition to the cash expenditures depreciation will be $20,000. The marginal tax rate is 40%. Calculate the operating cash flow for Peanuts Industries.
- $84,000. Get Finance homework help today