Question: Amy Bever: Attempt 2 Save Question 3 (2 points) Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of

Amy Bever: Attempt 2 Save Question 3 (2 points) Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $708000. Summer Tyme, The fixed asset will be depreciated straight-line to 53000 over its 3-year tax life, after which time it wil $92000. The project requires an initial investment in net working $242000 in annual sales, with costs of $146000. The tax rate is 0.33 and the required return on the project is 0.10. Wha total cash flow in year 0? (Make sure you enter the number with the appropriate +/- sign) capital of $65000. The project is estimated to generate t is the Your Answer: Answer Save Question 4 (2 points) Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $654000
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