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Business, 15.07.2021 20:40, lovemusic4
A 4-year project has an annual operating cash flow of $42,000. At the beginning of the project, $6,000 in net working capital was required, which will be recovered at the end of the project. The firm also spent $21,900 on equipment to start the project. This equipment will have a book value of $5,460 at the end of the project, but can be sold for $6,920. The tax rate is 21 percent. What is the Year 4 cash flow?
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A 4-year project has an annual operating cash flow of $42,000. At the beginning of the project, $6,0...
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