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Homework: HW6. Fundamentals of Capital Budgeting Save 7 of 14 (3 complete) HW Score: 20.41%, 2.86 of 14 pts Score: 0 of 1 pt P

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Homework: HW6. Fundamentals of Capital Budgeting Save 7 of 14 (3 complete) HW Score: 20.41%, 2.86 of 14 pts Score: 0 of 1 pt P 9-11 (similar to) Question Help O Daily Enterprises is purchasing a $9.8 million machine. It will cost 547,000 to transport and install the machine. The machine has a depreciable life of five years using straight-line depreciation and will have no salvage value. The machine will generale incremental revenues of 54.3 million per year along with incremental costs of 51.3 million per year. Daily's marginal tax rate is 35%. You are forecasting incremental free cash flows for Daily Enterprises. What are the incremental free cash flows associated with the new machine? The free cash flow for year will be s. (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer. ? part 1 remaining Clear All Check

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