Calculating operating cash flows assume that a new project, Financial Management

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Calculating operating cash flows assume that a new project

(Calculating operating cash flows) Assume that a new project will annually generate revenues of $2,600,000 and cash expenses, (including both fixed and variable cost) of $900,000, while increasing depreciation by $210,000 per year. In addition, l the firm's tax rate is 38 percent. Calculate the operating cash flows for the new project.

The firms operating cash flows are $ ?______ ( round to the nearest Dollar)

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Financial Management: Calculating operating cash flows assume that a new project

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