Question: You are given the following data for year 1 for a project Revenues = $ 75 Million Fixed Costs = $ 20 Million Total Variable
You are given the following data for year 1 for a project
Revenues = $ 75 Million
Fixed Costs = $ 20 Million
Total Variable Costs = $ 35 Million
Depreciation = $ 8 Million
Tax Rate = 25 %
Calculate the after tax cash flow ($ Million ) for the project for Year - 1
Find the answer to 2 decimals
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