A 9-Year Project Is Expected to Generate Annual Revenues of $114,500

question 51

Multiple Choice

A 9-year project is expected to generate annual revenues of $114,500, variable costs of $73,600, and fixed costs of $14,000. The annual depreciation is $3,500 and the tax rate is 34 percent. What is the annual operating cash flow?

• A) $14,301
• B) $14,788
• C) $15,052
• D) $17,506
• E) $18,944

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Definitions:

Electromagnetic Radiation

A form of energy that is all around us and takes various forms, such as radio waves, microwaves, X-rays, and gamma rays, all traveling at the speed of light.

Optic Nerve

A pair of nerves transmitting visual information from the retina to the brain.

Amplitude

The height or strength of a wave signal, which in the context of sound, relates to its loudness.

Fovea

A small depression in the retina where visual acuity is highest, and the concentration of cones is maximized for sharp central vision.