A proposed new project has projected sales of $180,200, costs of $91,160, and depreciation of $6,360. The tax rate is 34 percent. Calculate operating cash flow using the four different approaches.
Requirement 1:
The common calculation Approach (Do not round your intermediate calculations):
Requirement 2:
The Bottom-Up Approach (Do not round your intermediate calculations):
Requirement 3:
The Top-Down Approach (Do not round your intermediate calculations):
Requirement 4:
The Tax-Shield Approach (Do not round your intermediate calculations):