a project will reduce costs by $34,000 but increase depreciation by $16,500. what is the operating cash flow of this project based on the tax shield approach if the tax rate is 40 percent?

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators