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Please show all work in an Excel spreadsheet, showing all calculations in each cell. 2. Kolby's Korndogs is looking at a new sausage system with
Please show all work in an Excel spreadsheet, showing all calculations in each cell.
2. Kolby's Korndogs is looking at a new sausage system with an installed cost of S625,000. This cost will be depreciated straight line to zero over the project's five-year life, at the end of which the sausage system can be scrapped for S95,000. Sales minus costs will be S183,000 per year, and the system requires an initial investment in net working capital of S41,000. If the tax rate is 34 percent, determine the project's cash flow in each yearStep by Step Solution
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