Question: Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $164.600 a year. The project win require neer equoment
Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $164.600 a year. The project win require neer equoment costing $10,000 the wo depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of $189.000 es the end of the project. The prenesen investment of $44,000 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the projects Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $164.600 a year. The project win require neer equoment costing $10,000 the wo depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of $189.000 es the end of the project. The prenesen investment of $44,000 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the projects
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