QUESTION
61. Your local athletic center is planning a $1.23 million expansion to its current facility. This cost will be deprecia
Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-03 02:52:48
Asked by:
User: LightspeedLearning
Rating: No Rating (0)
Earnings: $1.10
Questions: 369
Tutorials: 369
Send me a message
61. Your local athletic center is planning
a $1.23 million expansion to its current facility. This cost will be
depreciated on a straight-line basis over a 20-year period. The expanded area
is expected to generate $524,000 in additional annual sales. Variable costs are
48 percent of sales, the annual fixed costs are $79,400, and the tax rate is 35
percent. What is the operating cash flow for the first year of this
project?
A. $118,336
B. $122,509
C. $147,027
D. $166,667
E. $219,323
AVAILABLE ANSWERS
61. Your local athletic center is planning a $1.23 million expansion to its current facility. This cost will be deprecia
This answer hasn't been purchased yet.
Posted on 2016-02-03 02:52:48
Posted by:
User: LightspeedLearning
Rating: No Rating (0)
earnings: $1.10
Questions: 369
Tutorials: 369
Send me a message
Preview:
... 48 percent of sales, the annual fixed costs are $79,400, and the tax rate is 35 percent. What is t...
The full tutorial is about 79 words long.