Question: show work and formulas for each question You are a manager at Percolated Fiber, which is considering expanding its operations by starting a new project.

show work and formulas for each question You are a manager atshow work and formulas for each question

You are a manager at Percolated Fiber, which is considering expanding its operations by starting a new project. Your boss said to you "We already owe these consultants $2.3 million, and all they estimated is Net Income. Before we spend $14 million on new equipment for this project, look the report over and give me your opinion." Here are the report's estimates (in millions of dollars; note that the question is continued below, so you need to scroll down to see it all): Everything that the consultants have calculated is correct, as far as it goes (in other words, you do NOT need to recalculate Net Income). The project will require $9 million in working capital upfront (year 0 ), which will be fully recovered in the last year of the project (year 2). The first relevant period's FCF is: The second relevant period's FCF is: The third relevant period's FCF (if any) is

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