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(Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $300,000

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(Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $300,000 Duncan Motors has a 34 percent marginal tax rate This project will also produce 550,000 of depreciation per year. In addition, this project will cause the following changes in year 1 Without the Project With the Project Accounts receivable $33000 $23,000 Inventory 25,000 40.000 Accounts payable 50 000 66,000 (Click on the icon in order to copy its contents into a spreadshof) What is the project's free cash flow in year 12 Cm The true cash flow of the project in year 1830 Round to the nearest dollar ry

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