LongHorn Corp is analyzing a proposed project.
LongHorn Corp is analyzing a proposed project. The company expects to sell 10,000 units, plus or minus 4 percent. The expected variable cost per unit is $10 and the expected fixed costs are $400,000. The fixed and variable cost estimates are considered accurate within a plus or minus 10 percent range. The depreciation expense is $61,000. The tax rate is 32 percent. The sales price is estimated at $70 a unit. What is the operating cash flow under the best case scenario? Round your answer to 2 decimal places
