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Question
Smith Manufacturing Inc. expects the following results in year one of a new project:| Revenue | $400,000 |
| Cash Expenses | 150,000 |
| Depreciation | 90,000 |
| EBIT | $160,000 |
| Taxes | 48,000 |
| Net Income | $112,000 |
The annual change in operating cash flow is equal to
A) $298,000.
B) $202,000.
C) $160,000.
D) $250,000.
Answer
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