Question: Question 22 A firm is considering taking a project that will produce $13 million of revenue per year. Cash expenses will be $5 m illion,
Question 22 A firm is considering taking a project that will produce $13 million of revenue per year. Cash expenses will be $5 m illion, and depreciation expenses will be $1 million per year. If the firm takes that project, then it will redarte cash revenues of an existing project by $1 million. What is the free cash flow on the project, per yex. Petenia the 35 percent marginal tax rate? $4.9 million $3.4 million $4.6 million $2.8 million
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