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3C Suppose you are considering purchasing a new truck for your plumbing business. This truck will increase revenues $56,160 and operating expenses $21,145 in the
3C
Suppose you are considering purchasing a new truck for your plumbing business. This truck will increase revenues $56,160 and operating expenses $21,145 in the next year. Depreciation and amortization charges for the truck will equal $9,057 next year, and your firm's marginal tax rate will be 35 percent. Capital expenditures of $3,196 will be required to offset wear and tear on the truck, but no additions to working capital will be required. Calculate the FCF for the project in the next year.
Round the answer to two decimals.
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