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Business, 30.03.2020 17:59 maddiehope6140

DaBest Communications is trying to estimate the first-year net operating cash flow (at year 1) for a proposed project. The financial staff has collected the following information on the project: Sales revenues $10 million Operating costs (excluding depreciation) $6 million Depreciation $2.5 million Interest Expense $0.7 million The company has a 40 percent tax rate, and its WACC is 10 percent. What is the project's operating cash flow for the first year

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