Question: (CB CFS) A capital budgeting project will cause EBIT to increase by 541150 per year. The annual depreciation expense is $49189. The firm's tax rate
(CB CFS) A capital budgeting project will cause EBIT to increase by 541150 per year. The annual depreciation expense is $49189. The firm's tax rate is 214. At the end, the equipment will be sold for its salvage value of 358542; Its book value will be $32691 at that time. The initial increase in net working capital of 315549 will be recaptured at the end of the project's life. What is the cash flow in the last year of the project's life, in 37 include both the annual FCF and the terminal CE
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