A company is considering a new four-year project with an initial equipment investment of $72,001. The equipment
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Question:
A company is considering a new four-year project with an initial equipment investment of $72,001. The equipment belongs in a 30% CCA class and will be worthless at the end of the project. Annual cash sales are estimated at $136,800 with annual cash costs of $87,901. The tax rate is 34%. What is the project cash flow in the second year?
Question 24 options:
$30,900
$28,506
$38,516
$20,394
$41,406
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