Question: Plesse do all steps necessary. ive been submitting finance questions and most of them have been wrong. please give md the right answer (Calculating changes
(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 30 percent marginal tax rate. This project will also produce $48,000 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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