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Question 1 Revenues generated by a new fad product are forecast as follows: Year Revenues 1 $60.791 2 40,000 3 20,000 4 10,000 Thereafter o
Question 1 Revenues generated by a new fad product are forecast as follows: Year Revenues 1 $60.791 2 40,000 3 20,000 4 10,000 Thereafter o Expenses are expected to be 50% of revenues, and working capital required in each year is expected to be 20% of revenues in the following year. The product requires an immediate investment of $40,000 in plant and equipment that will be depreciated using the straight line method over 5 years. The form recently spent $2.000 on a study to estimate the revenues of the new product. The tax rates 20% What is the operating cash flow in year 11 Amwer to nearest whole dollar amount. motion o
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