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Business, 03.12.2019 02:31 gracieisweird12

Simco had annual sales of $180,000 with associated costs of $120,000 during 2012. the project increased net working capital $80,000 and fixed assets by $200,000 during the year. the project has a 10-year life. the company uses straight-line depreciation to a zero book value over the life of the project. the tax rate is 35 percent. what is simco's cash flow from operations for 2012?

a. -$34,000
b. $26,000
c. $46,000
d. $66,000
e. $180,000

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