Question: A cost-cutting project will decrease costs by $63153 a year. The annual depreciation on the project's fixed assets will be $5,000 and the tax rate
A cost-cutting project will decrease costs by $63153 a year. The annual depreciation on the project's fixed assets will be $5,000 and the tax rate is 21 percent. The amount of the change in the firm's free cash flow resulting from this project is $___.?
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