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Green corporation has a project that has a 3rd year revenue of $480000. The fixed cost for the year is $120,000 and the variable cost
Green corporation has a project that has a 3rd year revenue of $480000. The fixed cost for the year is $120,000 and the variable cost is 20% of revenue. The total tax depreciation for the year is $60,000. Tax rate 30%. Also, in the 4th year, Green spent $70,000 in Capex, and there was a $20,000 reduction to net working capital. What is the After-Tax Flow of the project for the 4th year? Show work on paper
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