Asume that new project will annually generate revenues of


?(Calculating operating cash flows?) Assume that a new project will annually generate revenues of $ 2400000. Cash expenses including both fixed and variable costs will be $ 800000, and depreciation will increase by $ 220000 per year. In? addition, let's assume that the? firm's marginal tax rate is 33 percent. Calculate the operating cash flows. (round to the nearest dollar)

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Financial Management: Asume that new project will annually generate revenues of
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