You are opening your own business and estimate the following expenses and revenues: Revenues year 1 $228,000
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Question:
You are opening your own business and estimate the following expenses and revenues:
Revenues year 1 $228,000 growing at 9% thereafter
Cost of goods sold year 1 $101,000 growing at 12% thereafter
Operating expense year 1 $41,000 growing at 8% thereafter
Taxes all in years 28% per year
Depreciation $15,000 in year 1, $18,000 in year 2, $12,000 in year 3
Predict the after-tax cash flows from operations for the first three years of operations below:
Year 1_______________ Year 2__________________ and Year 3______________
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