Business, 02.11.2020 17:20 ayoismeisjjjjuan

A 4-year project has an annual operating cash flow of $53,000. At the beginning of the project, $4,400 in net working capital was required, which will be recovered at the end of the project. The firm also spent $22,700 on equipment to start the project. This equipment will have a book value of $4,780 at the end of the project, but can be sold for $5,760. The tax rate is 34 percent. What is the Year 4 cash flow

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A 4-year project has an annual operating cash flow of $53,000. At the beginning of the project, $4,4...

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