BHT Company evaluates a project for a potential inclusion in its capital budget. In the first year
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BHT Company evaluates a project for a potential inclusion in its capital budget. In the first year of the project, it expects incremental net income of $33 million, depreciation expenses of $8 million and an increase in net working capital of $2 million. What is the estimated incremental free cash flow in the first year of the project?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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