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it over and give me your opinion. You open the report and find the following estimates (in millions of dollars): begin{tabular}{lrrrrr} & 1 & multicolumn{1}{c}{2}

image text in transcribed it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): \begin{tabular}{lrrrrr} & 1 & \multicolumn{1}{c}{2} & & \multicolumn{1}{c}{9} & \multicolumn{1}{c}{10} \\ \hline Sales revenue & 30.000 & 30.000 & & 30.000 & 30.000 \\ - Cost of goods sold & 18.000 & 18.000 & & 18.000 & 18.000 \\ \hline = Gross profit & 12.000 & 12.000 & & 12.000 & 12.000 \\ - General, sales, and administrative expenses & 1.360 & 1.360 & & 1.360 & 1.360 \\ - Depreciation & 1.700 & 1.700 & & 1.700 & 1.700 \\ \hline = Net operating income & 8.940 & 8.940 & & 8.940 & 8.940 \\ - Income tax & 3.129 & 3.129 & & 3.129 & 3.129 \\ \hline - Net income & 5.811 & 5.811 & & 5.811 & 5.811 \end{tabular} earnings by $5.811 million per year for 10 years, the project is worth $58.11 million. You think back to your glory days in finance class and realize there is more work to be done! accepted. Finally, you know that accounting earnings are not the right thing to focus on! a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project

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