What is the projects operating cash flow for the first year, Financial Management

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What is the projects operating cash flow for the first year

Operating Cash Flow

The financial staff of Carin Communications has identified the following information for the first year of the roll-out of its new proposed service:

Projected sales $18 million

Operating costs (not including depreciation) $ 9 million

Depreciation $ 4 million

Interest expense $ 3 million

The company faces a 40% tax rate. What is the project's operating cash flow for the first year (t=1)?

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Financial Management: What is the projects operating cash flow for the first year

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Financial Management: What is the projects operating cash flow for the first year

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