Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Intro Creminy, Inc. estimates revenue of $78,000, costs of $39,000, and depreciation of $8,000 related to a new project. The marginal tax rate is 34%.
Intro Creminy, Inc. estimates revenue of $78,000, costs of $39,000, and depreciation of $8,000 related to a new project. The marginal tax rate is 34%. The project will require a capital expenditure of $53,000. It will also require an additional $18,000 in current (operating) assets and will create an extra $14,000 in current (operating) liabilities. 18 Attempt 1/5 for 10 pts. Part 1 What is NOPAT + depreciation? No decimals Submit Attempt 1/5 for 10 pts. Part 2 What is the change in net operating working capital? No decimals Submit 18 - Attempt 1/5 for 10 pts. Part 3 What is the free cash flow? No decimals Submit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started