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From the following information, the initial investment of the project is OMR 300,000. The project has an expected life of 3 years with no salvage
From the following information, the initial investment of the project is OMR 300,000. The project has an expected life of 3 years with no salvage value. The operating cash flows, excluding depreciation, and before taxation, are forecast to be as OMR 300,000, OMR 250,000, and OMR 150,000, in the year 1, 2, and 3 respectively. Corporation tax, at a rate of 10% of taxable income is payable. Calculate the cash flow after adjustment of the project only for third year. a. OMR 150,000 A b. OMR 145,000 c. OMR 280,000 d. OMR 235,000
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