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Question of 6 Moving to another question will save this response. Question 3 8 points You are trying to assess how different depreciation methods will

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Question of 6 Moving to another question will save this response. Question 3 8 points You are trying to assess how different depreciation methods will affect the free cash flows of a project for you company. The current forecasts for your of the project are in the table below. Assume that you can increase the depreciation expense by 517 million in year 1. Bly how much would the free cash flow in year 1 change as a result press your result in millions and round to two decimals (do not include the sign in your arriwer). Enter increases in free cash flows as positive numbers, decreases as neve numbers 7 Project Forecasts for Year 10in 5 millions) Sales 147 Cost of sales 55 Selling general and administrative expenses Depreciation Increase in Net Working Capital 6 Capital expenditures 35 Marginal corporate tax rate 23% 31 HOMEWORK 1 (1) - Protected

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