Question: Dally Enterprises is purchasing a $10.52 million machine. It will cost $53,182.00 to transport and install the machine. The machine has a depreciable life of
Dally Enterprises is purchasing a $10.52 million machine. It will cost $53,182.00 to transport and install the machine. The machine has a depreciable life of five years using the straight-line depreciation and will have no salvage value. The machine will generate incremental revenues of $4.16 million per year along with incremental costs of $1.11 million per year. Dally's marginal tax rate is 36.00%. The cost of capital for the firm is 14.00%. (answer in dollars.so convert millions to dollars) What is the yearly cash flow from the project? Answer format: Currency: Round to: 2 decimal places
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