Question: Daily Enterprises is purchasing a $5,000,000 machine. The machine will deprecated using straight-line depreciation over its 9 year life and will have no salvage value.
Daily Enterprises is purchasing a $5,000,000 machine. The machine will deprecated using straight-line depreciation over its 9 year life and will have no salvage value. The machine will generato revenues of $5,500,000 per year along with costs of $3,500,000 per year. Dailya marginal tax rate is 28%, what will be the cash flow In each of years one to 9 (the cash How will be the same each year)? Enter your answer below rounded to the nearest whole number Number
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