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h cochran inc is considering a new three year expansion project that requires an initial fixed asset investment of $2,350,000. the fixed asset will be
h cochran inc is considering a new three year expansion project that requires an initial fixed asset investment of $2,350,000. the fixed asset will be depreciated straight line to zero over its threeyear tax life ,after which time it will be worthless. the project is estimated to generate $2,470,000 in annual sales with cost of $1,490,000. if the tax rate is 24 percent, what is the ocf for this project
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