The firms operating cash flows

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Reference no: EM13815182

Assume that a new project will annually generate revenues of $2,100,000 and cash expenses (including both fixed and variable costs) of $500,000, while increasing depreciation by $250,000 per year. In addition, the firm's tax rate is 37%. Calculate the operating cash flows for the new project.

The firms' operating cash flows are _____?

Reference no: EM13815182

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