Quad Enterprises is considering a new three - year expansion project that requires an initial fixed asset
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Question:
Quad Enterprises is considering a new threeyear expansion project that requires an initial fixed asset investment of $ million. The fixed asset will be depreciated straightline to zero over its threeyear tax life, after which time it will be worthless. The project is estimated to generate $ in annual sales, with costs of $ If the tax rate is percent, what is the OCF for this project? Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, eg
OCF
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