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Question 3, P12-9 (similar HW Score: 76.74%,61.39 of 80 to) points (x) Points: 0 of 10 (Calculating changes in net operating working capital) Duncan Motors
Question 3, P12-9 (similar HW Score: 76.74%,61.39 of 80 to) points (x) Points: 0 of 10 (Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $290,000. Duncan Motors has a 30 percent marginal tax rate. This project will also produce $53,000 of depreciation per year. In addition, this project will cause the following changes in year 1: What is the project's free cash flow in year 1 ? The free cash flow of the project in year 1 is $. (Round to the nearest dollar.)
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