Question: Will give tumbs up for fast and correct answer 23 A firm is considering a project with the following information Project will require purchase of

23 A firm is considering a project with the following information Project will require purchase of a machine for $102,719.00 that is MACRS depreciable over a five-year schedule. (no depreciation until end of year 1). Project will require immediate non-depreciable expenses of $28,603 00 TODAY (year o) Project will have the following projected balance sheet values of NWC YEAR 0 2 NWC Level $4,000 10.00% of sales 8.00% of sales Sales for the project will be $52,914.00 per year with all other expenses (excluding depreciation) at 55.00% of sales The tax rate for the firm is 36.00%, while the cost of capital is 13.00% "assume project goes beyond two years What is the project's cash flow for year 27 Submit Answer format: Currency: Round to: 2 decimal places
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