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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
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Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A nine-year project has a 50% probability to generate annual revenues of $130,000 and a 50% probability to generate revenues of $99,000. The high-revenue scenario has variable costs of $80,000 and the low-revenue scenario has variable costs of $67,200. Fixed costs are $14 000. The annual depreciation is $3500 in either case and the tax rate is 34%. What is the expected annual operating cash flow?
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