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You are considering opening a new restaurant in the Texas Burgers chain. The new restaurant will have annual revenue of $ 2 9 3 ,
You are considering opening a new restaurant in the Texas Burgers chain. The new restaurant will have annual revenue of $ and operating expenses of $ The annual depreciation and amortization for the assets used in the restaural will equal $ An annual capital expenditure of $ will be required to offset wear and tear on the assets used in the restaurant, but no additions to working capital will be required. The marginal tax rate will be percent.
Calculate the incremental annual aftertax free cash flow for the project.
Incremental annual aftertax free cash flow $
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