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please help asap ill like and up vote:) Daily Enterprises is purchasing a $10.2 milion machine. It will cost $46,000 to transport and install the
please help asap ill like and up vote:)
Daily Enterprises is purchasing a $10.2 milion machine. It will cost $46,000 to transport and install the machine. The machine has a depreciable life of five years using straight-line depreciation and will have no salvage value The machine will generate incremental revenues of $4.4 million per year along with incremental costs of $1.3 million per year. Daily's marginal tax rate is 35\%. You are forecasting incremental free cash flows for Daily Enterprises What are the incremental free cash flows associated with the new machine? The free cash flow for year 0 will be $ (Round to the nearest dollar.) Step by Step Solution
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