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Dimitra is projecting cash flows for her firm using the percentage of sales method. She projects that the sales will be growing at 4%
Dimitra is projecting cash flows for her firm using the percentage of sales method. She projects that the sales will be growing at 4% per year from the current level of $1M (year 0). She also projects a constant $20K per year in depreciation for the next 5 years. The firm's Net PPE currently stands at $200K. What should be her forecast for Capital Investment in year 3?
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Net Capital Investment in Year 3 PPE Balance in Year 3 P...
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
978-1260013955, 78034639, 978-0078034633
