Question: (Do not round intermediate calculations.) Multiple Choice $802,358 Huener Treys is considering a new three-year expansion project that requires an initial fixed asset investment of

(Do not round intermediate calculations.) Multiple Choice $802,358
Huener Treys is considering a new three-year expansion project that requires an initial fixed asset investment of $1.80 million- The fixed asset will be depreciated stralghtllne to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate million in annual sales, with costs of $500,000. Ifthe tax rate is 21 percent, what is the OCF for this project? (00 not round intermediate calculations.) Multiple Choice $802358
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