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Foley Systems is considering a new project, which has the data shown below. The project would have a 4 . year economic life. The project's
Foley Systems is considering a new project, which has the data shown below. The project would have a 4 . year economic life. The project's equipment would be depreciated using the MACRS 4 -year rates (33%, 45%,15%, and 7% ) and would have no salvage value. Net working capital would need to be increased at the beginning of the project (in year 0 ), but it could be recovered at the end of the project's life (in year 4). Revenues and other operating costs are expected to be constant over the project's life. and there is no
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