You are working on a bid for a contract. Thus far, you have determined that you will
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Question:
You are working on a bid for a contract. Thus far, you have determined that you will need $156,000 for fixed assets and another $32,000 for networking capital at Time 0. You have also determined that you can recover $68,400 after tax for the combined fixed assets and net working capital at the end of the 4-year project. What operating cash flow will be required each year for the project to return 16 percent in nominal terms?
a. $46,666.67
b. $48,929.74
c. $55,200,16
d. $53,686.06
e. $50,725.50
Related Book For
Business Research Methods
ISBN: 978-0073521503
12th edition
Authors: Donald R. Cooper, Pamela S. Schindler
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