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Esfandairi Enterprises is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 . 2 7 million.
Esfandairi Enterprises is considering a new threeyear expansion project that requires an
initial fixed asset investment of $ million. The fixed asset falls into the threeyear
MACRS class MACRS schedule The project is estimated to generate $ in
annual sales, with costs of $ The project requires an initial investment in net
working capital of $ and the fixed asset will have a market value of $ at
the end of the project.
a If the tax rate is percent, what is the project's Year net cash flow? Year Year
Year A negative answer should be indicated by a minus sign. Do not round
intermediate calculations and enter your answers in dollars, not millions of dollars,
rounded to two decimal places, eg
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