What is the cash flow in year 3 of this 3-year project Annual Operating Cash Flow
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Question:
What is the cash flow in year 3 of this 3-year project
- Annual Operating Cash Flow 75,000
Initial infusion of Net Working Capital 16,000
Equipment used in the project - Initial price 30,000
- Sale price at the end of the project 20,000
- Book value at the end of the project 15,000
- Tax rate 21%
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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