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Quad Enterprises is considering a new three year expansion project that requires an initial fixed asset investment of $2.37 million. the fixed asset will be
Quad Enterprises is considering a new three year expansion project that requires an initial fixed asset investment of $2.37 million. the fixed asset will be depreciated straightline to zero over its three year tax life, after which time it will be worthless. the project is estimated to generate $1,675,000 in annual sales, with costs of $645,000. if the tax rate is 21 percent, what is OCF for this project
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