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Please write the answer for each year from year 0 to year 10. You are a manager at Northern Fibre, which is considering expanding its

image text in transcribedPlease write the answer for each year from year 0 to year 10.

You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.7 million for this report, and I am not sure their analysis makes sense. Before we spend the $19 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): Sales revenue - Cost of goods sold = Gross profit - General, sales, and administrative expenses - Depreciation = Net operating income - Income tax = Net income 1 33.000 19.800 13.200 1.520 1.900 9.780 3.423 6.357 2 33.000 19.800 13.200 1.520 1.900 9.780 3.423 6.357 9 33.000 19.800 13.200 1.520 1.900 9.780 3.423 6.357 10 33.000 19.800 13.200 1.520 1.900 9.780 3.423 6.357 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? The free cash flow for year 0 is $ million. (Round to three decimal places, and enter a decrease as a negative number.)

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