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saw5 [17]
3 years ago
14

A cost-cutting project will decrease costs by $37,400 a year. The annual depreciation on the project's fixed assets will be $4,7

00 and the tax rate is 34 percent. What is the amount of the change in the firm's operating cash flow resulting from this project?
Business
1 answer:
Rina8888 [55]3 years ago
8 0

Answer:

What is the amount of the change in the firm's operating cash flow resulting from this project?

26018

Explanation:

Change in operating cash flow =37000*(1-0,34)+(4700x.34)  

   

                                                       =24420 + 1598  

   

                                          =26018  

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