What is the differential annual cash flow

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Reference no: EM132726874

Problem - A company reports the following as a result of a new project:

Increase in revenues = 100,000

Increase in variable and fixed costs = 30,000

Depreciation = 10,000

Tax rate = 35%

Increase in working capital = 10% of increase in revenue

Required - What is the differential annual cash flow?

Reference no: EM132726874

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