Multiple Choice
The Java House is considering a project that will produce sales of $59,280 and increase cash expenses by $26,040.If the project is implemented,taxes will increase by $4,600.The additional depreciation expense will be $10,100.An initial cash outlay of $7,300 is required for net working capital.What is the amount of the operating cash flow using the top-down approach?
A) $18,540
B) $33,240
C) $18,200
D) $28,640
E) $32,800
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Which one of the following is an
Q17: Assume a machine costs $129,000 and lasts
Q18: Sun Lee's Furniture just purchased $387,269 of
Q19: Thornley Co.is considering a 3-year project with
Q20: Riverton Sails is considering expanding its sail
Q22: Erosion can be best explained as the<br>A)loss
Q23: Which one of these statements is correct?<br>A)All
Q24: A project will increase annual sales by
Q25: Precision Mfg.is trying to decide which one
Q26: Capital budgeting analysis is based on<br>A)the discounted