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A chemical processing firm is planning on adding a duplicate polyethylene plant at another location. The financial information for the first project year is shown

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A chemical processing firm is planning on adding a duplicate polyethylene plant at another location. The financial information for the first project year is shown in Table P2.2. Compute the working-capital requirement during the project period. What is the taxable income during the project period? What is the net income during the project period? Compute the net cash flow from the project during the first year

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