Question: A project that is expected to last six years will generate incremental profit and cash flow before taxes and deprecaition of $23,000 per year. It
A project that is expected to last six years will generate incremental profit and cash flow before taxes and deprecaition of $23,000 per year. It requires the initial purchase of equipment costing $60,000, which will be depreciated for four years. The relevant tax rate is 25%. Calculate the project's cash flow. Round all the figures within your computation to the nearest thousand dollars
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