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Annual operating cash flow of the new gps system

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ACE Inc. has forecasted the following sales and costs for a new GPS system: annual sales of 48,000 units at $18 a unit, production costs at 37% of sales price, annual fixed costs for production at $180,000, and depreciation expense of $240,000 per year. The company tax rate is 35%. What is the annual operating cash flow of the new GPS system?

Reference no: EM132705913

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