Question
Lennon Inc., is considering a new project whose data is as follows: Sales revenues: $23,500, Depreciation: $1,000, Other operating costs: $14,500, and a tax rate
Lennon Inc., is considering a new project whose data is as follows: Sales revenues: $23,500, Depreciation: $1,000, Other operating costs: $14,500, and a tax rate of 45%. What is the project's Year 1 cash flow to the nearest dollar?
| $ 8,788 | ||
| $ 9,325 | ||
| $ 9,138 | ||
| $ 9,363 | ||
| $9,450 |
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Fiduciary Finance Investment Funds And The Crisis In Financial Markets
Authors: Martin Gold
1st Edition
1848448953, 9781848448957
