Question: Problem 1 0 - 9 Calculating Project OCF [ LO 1 ] Chauhan Enterprises is considering a new three - year expansion project that requires

Problem 10-9 Calculating Project OCF [LO1] Chauhan Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of \(\$ 2.37\) million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate \(\$ 1,675,000\) in annual sales, with costs of \(\$ 645,000\). If the tax rate is 21 percent, what is the OCF for this project? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g.,1,234,567. OCF
Problem 1 0 - 9 Calculating Project OCF [ LO 1 ]

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