A Five-Year Project Is Expected to Generate Annual Revenues of $210,000

question 114

Multiple Choice

A five-year project is expected to generate annual revenues of $210,000, variable costs of $90,000, and fixed costs of $22,000.The annual depreciation is $24,000 and the tax rate is 21 percent.What is the annual operating cash flow?

• A)$71,500
• B)$117,855
• C)$72.430
• D)$41,080
• E)$60,580

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Definitions:

Disparate Impact

A legal theory under civil rights laws that practices may have discriminatory effects, even if not intentionally discriminatory.

Seniority Systems

Employment practices that prioritize job benefits and promotions based on the length of an individual's service or tenure.

Employment-at-will Doctrine

A legal principle that allows either the employer or the employee to terminate employment at any time without reason, as long as it is not illegal.

Contract Law

The branch of law that deals with agreements between parties, their rights, and obligations.