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h cochran and company is considering a new three-year expansion project that requires an initial fixed asset investment of 1,950,000. the fixed asset will depreciate
h cochran and company is considering a new three-year expansion project that requires an initial fixed asset investment of 1,950,000. the fixed asset will depreciate straight-line zero over its estimated three year tax life, after which time it will be worthless. the project is estimated to generate $2,145,000 in annual sales, with cost of $1,205.000. if the tax rste is 35%, what is the ofc for this project
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