A proposed new investment has projected sales of $750,000. Variable costs are 55 percent of...
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Finance
A proposed new investment has projected sales of $750,000. Variable costs are 55 percent of sales, and fixed costs are $164,000; depreciation is $65,000. Prepare a pro forma income statement assuming a tax rate of 21 percent. What is the projected Operational Cash Flow (OCF)? (Input all amounts as positive values.) $ 150,715 $ 314,715 $ 108,500 $ 62,930
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