A new project will generate sales of $74 million, costs of $42 million, and depreciation expense of
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A new project will generate sales of $74 million, costs of $42 million, and depreciation expense of $10 million in the coming year. The firm's tax rate is 35%. Calculate cash flow for the year by using all three methods discussed in the chapter, and confirm that they are equal.
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Sales 7400 million Costs 4200 million Depreciation expense ...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0078034640
7th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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