Business, 22.10.2019 20:00 gabrielaperezcz

Mcgwire aerospace expects to have net cash flow of $12 million. the company forecasts that its operating costs excluding depreciation and amortization will equal 75% of the company's sales. depreciation and amortization expenses (the firm's only non-cash items) are expected to be $5 million and the company has no interest expense. if the company's tax rate is 40%, what is the company's expected sales?

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Mcgwire aerospace expects to have net cash flow of $12 million. the company forecasts that its opera...

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