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H. Cochran, Inc., is considering a new tivee-year expansion project that requires an initial foed asset investment of $2.430,000 The fixed asset will be depreciated

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H. Cochran, Inc., is considering a new tivee-year expansion project that requires an initial foed asset investment of $2.430,000 The fixed asset will be depreciated straight-ine to zero over its three year - taxife, after which time it will be worthless. The project is estimated to generate $2,260,000 in annual sales, with costs of $1,250,000 If the tax rate is 40 percent, what is the OCF for this project? (Enter your answer in dollars, not millions of dollars, eg. 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.) OCF Hints References eBook & Resources Check my won e Type here to search

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