Business, 13.04.2021 04:00 Satoetoe24

A 4-year project has an annual operating cash flow of $57,000. At the beginning of the project, $4,800 in net working capital was required, which will be recovered at the end of the project. The firm also spent $23,500 on equipment to start the project. This equipment will have a book value of $5,100 at the end of the project, but can be sold for $6,000. The tax rate is 40 percent. What is the Year 4 cash flow

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A 4-year project has an annual operating cash flow of $57,000. At the beginning of the project, $4,8...

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