Question: PLEASE ANSWERs BOTH ROUNDED & NOT ROUNDED ANSWERS SHOWN CLEARLY (Calculating changes in net operating working capital) Duncan Motors is introducing a new product and
(Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $285,000. Duncan Motors has a 32 percent marginal tax rate. This project will also produce $53,000 of depreciation per year. In addition, this project will cause the following changes in year 1 : What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is $ (Round to the nearest dollar.)
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