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i will definitely upvote!! 1 pts Question 32 Celesoft approved a 8-year project that requires an initial investment of $24 million for the equipment and
i will definitely upvote!! 1 pts Question 32 Celesoft approved a 8-year project that requires an initial investment of $24 million for the equipment and working capital of $2 million. The project will generate Soles of $30 million, Operating Expenses of $5 million and Depreciation and Amortization charges of $3 million per year during the life of the project. The firm uses straight-line depreciation. At the end of the project, Celesoft sets the book value to zero and the market value of the equipment to $2 million. The marginal tax rate for Celesoft is 30%. What is the Free Cash Flow of the project in year 7? O $16,56 million $19.50 million $15.40 million O $18.40 million O $16.93 million
i will definitely upvote!!
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