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A chemical processing firm is planning to add a duplicate polyethylene plant at another location. The financial information for the first project year is shown
A chemical processing firm is planning to add a duplicate polyethylene plant at another location. The financial information for the first project year is shown in the table below.
a What is the taxable income during the project period?
Taxable income $
b What is the net income during the project period?
Net income $
c What is the change in total current assets?
Changes in Current Assets $
d What is the change in total current liabilities?
Changes in current liabilities $
e Compute the additional workingcapital requirement during the project period.
Working capital $
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