A project has annual depreciation of $15,028, costs of $82,592, and sales of $138,765.The applicable tax rate is 34 percent.What is the operating cash flow according to the tax shield approach?
A) $21,540.09
B) $27,666.67
C) $27,157.02
D) $42,183.70
E) $39,878.84
Correct Answer:
Verified
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