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Business, 21.08.2019 04:30 alishajade

Anew project is expected to generate $800,000 in revenues, $250,000 in cash operating expenses, and depreciation expense of $150,000 in each year of its 10-year life. the corporation's tax rate is 35%. the project will require an increase in net working capital of $85,000 in year one and a decrease in net working capital of $75,000 in year ten. what is the free cash flow from the project in year one?

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