you have been given the following information for the first year of a company ...
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Accounting
you have been given the following information for the first year of a company
projected sales - 18 million
operating cost - 9 million
depreciation- 4 million
interest expense - 3 million
with a 40 % tax rate, what is the projected cash flow for 1 year?
a - 7 million
b - 9 million
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