Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for...
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Operating cash flow. Grady Precision Measurement Tools has forecasted the following sales and costs for a new GPS system: annual sales of 40,000 units at $24 a unit, production costs at 36% of sales price, annual fixed costs for production at $150,000, and straight-line depreciation expense of 210,000 per year. The company tax rate is 30%.
What is the annual operating cash flow of the new GPS system?
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