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Pls solve! Daby Enterprises is purchasing a $7,000,000 machine. The machine will be depreciated using straight-line depreciation over its 8 year life and will have
Pls solve!
Daby Enterprises is purchasing a $7,000,000 machine. The machine will be depreciated using straight-line depreciation over its 8 year life and will have no salvage value. The machine will generate revenues of $7,500,000 per year along with fixed costs of $3.500,000 per year. If Daily's marginal tax rate is 36%. What will bo the cash flow in each of yoars 1 to 8 (the cash flow will be the same each year)? Enter your answer rounded to the nearest whole number. Enter your answer below Step by Step Solution
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