O = Homework: Lab #2 Question 15, Problem 9-17a Part 1 of 11 HW Score: 24.07%, 13 of 54 points O Points: 0 of 11 Save You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.4 million for this report, and I am not sure their analysis makes sense. Before we spend the $18 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars) 9 Sales revenue -Cost of goods sold = Gross profit -General, sales, and administrative expenses -Depreciation = Net operating income - Income tax 1 27.000 16.200 10.800 1.440 1.800 7.560 2.646 2 27.000 16.200 10.800 1.440 1.800 7.560 2.646 27.000 16.200 10.800 1.440 1.800 7.560 2.646 10 27.000 16.200 10.800 1.440 1.800 7.560 2.646 . a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The free cash flow for year 0 is $ million. (Round to three decimal places, and enter a decrease as a negative number.) Help me solve this View an example Ask my instructor Clear all Check