Question

A proposed project is expected to have annual sales of $439,000 and annual net income of...

A proposed project is expected to have annual sales of $439,000 and annual net income of $26,340. The annual depreciation expense is expected to be $32,000. There is no interest expense. What is the annual operating cash flow?

$52,616

$54,980

$58,340

$114,340

$49,384

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans $58,340

Annual operating cash flow = Annual net income + depreciation expense

= 26340 + 32000

= 58340

Add a comment
Know the answer?
Add Answer to:
A proposed project is expected to have annual sales of $439,000 and annual net income of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT