Q3

Exum 3 52018 Walof capital of 12% to evaluate this project. Based on extensive research, i' has prepared the fol ing increment low projects Year Sales (Revenues) -Cost of Goods Sold (50% of Sales) capital budgeting project that woll last for three years. Epiphany plans or 3. Epiphany Industries is considering a new 75,000 175,000 175,000 87,500 87,50087,500 30,000 30.000 30,000 25. Depreciation EBIT -Taxes (35%) 57,500 57,50057,500 20, 125 20,125 20,125 37.375 37,375 37,375 0.000 30,00030,000 5000500 5000 unlevered net income + Depreciation e changes to working capital -90,000 capital expenditures The tree cash flow for the first year of Epiphany's project is closest to O A. $82 375 OB, $74850 C. $46.781 D. $87 325 D: 9.3-25 Exum 3 52018 Walof capital of 12% to evaluate this project. Based on extensive research, i' has prepared the fol ing increment low projects Year Sales (Revenues) -Cost of Goods Sold (50% of Sales) capital budgeting project that woll last for three years. Epiphany plans or 3. Epiphany Industries is considering a new 75,000 175,000 175,000 87,500 87,50087,500 30,000 30.000 30,000 25. Depreciation EBIT -Taxes (35%) 57,500 57,50057,500 20, 125 20,125 20,125 37.375 37,375 37,375 0.000 30,00030,000 5000500 5000 unlevered net income + Depreciation e changes to working capital -90,000 capital expenditures The tree cash flow for the first year of Epiphany's project is closest to O A. $82 375 OB, $74850 C. $46.781 D. $87 325 D: 9.3-25