Question: -A 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em Em Paragraph Styles 7. Luxury Yachts has projected sales of $4,324

 -A 1 Normal 1 No Spac... Heading 1 Heading 2 Title

-A 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em Em Paragraph Styles 7. Luxury Yachts has projected sales of $4,324 million for the second year of a proposed expansion project. Operating costs normally run at 75% of sales. The depreciation expense will be $95 million and the tax rate is 30%. What is the net cashflow (ignore rounding)? a. $690 b. $986 c. $785 d. $1,081 e. $1,002 Justification

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