Operating Cash Flows t=0 t=1 - 4 Land Sales Plant - Variable W/C -fixed Financing Costs EBD&T

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Operating Cash Flows t=0 t=1 - 4 Land Sales Plant - Variable W/C -fixed Financing Costs EBD&T -Depr Net Cash Flow EBT tax (32.00%) NI +Depr NCE

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Operating Cash Flows t=0 t=1 - 4 Land Sales Plant - Variable W/C -fixed Financing Costs EBD&T

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