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6 points A project is expected to generate annual revenues of $150,000, with variable costs...

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Accounting

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6 points A project is expected to generate annual revenues of $150,000, with variable costs of $80,000, and fixed costs of $20,000. The annual depreciation is $5,000 and the tax rate is 30 percent. What is the annual operating cash flow? $22,400$67,940$36,500$29,600$42,700

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