A cost-cutting project will decrease costs by $25 000 a year.The annual depreciation on the project's fixed assets will be $6800 and the tax rate is 34 per cent.What is the amount of the change in the firm's operating cash flow created by this project?
A) -$14 188
B) -$6212
C) $10 812
D) $18 812
E) $20 988
Correct Answer:
Verified
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