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Can someone help me with the two questions? I've been having a really hard time finding it I have one of the tutorr to help
Can someone help me with the two questions? I've been having a really hard time finding it I have one of the tutorr to help but then the answers were all wrong. Can you please show me in details, thankyou. Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.67 million. The fixed asset falls into the three-year MACRS class. The project is estimated to generate $2,070,000 in annual sales, with costs of $767,000. The project requires an initial investment in net working capital of $290,000, and the fixed asset will have a market value of $265,000 at the end of the project. If the tax rate is 34 percent, what is the projects Year 0 net cash flow? Year 1? Year 2? Year 3?
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