Question: please do it in 10 minutes will be upvote Question 11 A proposed capital expenditure project involves purchasing and installing new equipment. The equipment will

please do it in 10 minutes will be upvote
Question 11 A proposed capital expenditure project involves purchasing and installing new equipment. The equipment will cost $20,000, with an additional $1;500 charge for delivery. Installation is estimated to be $4,000. The equipment has an expected life of 9 years and estimated salvage value of $6,000. The project requires an additional working capital investment of $6,000. The project revenues are forecast at $35,000 per year and cash expenses are estimated at $15,000 per year. The firm has a 40% marginal tax rate and an 8% weighted average cost of capital. Annual depreciation is expected to increase by $2,833.33 per year, assuming simplified straight line depreciation. Calculate the one-time, end of project cash flows from this proposed project. $20,000$12,000$9,600$3,600 None of the listed items is correct
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