Range Bruiser, a manufacturer of luxury four-wheel drive vehicles, is considering launching the "Range Bruiser Green". While although the vehicle will be less fuel efficient than existing Range Bruiser vehicle models, it will feature a sultry voice that says "Eco mode engaged" when the car is turned off. You have the following information about the project during its first fiscal year. Range Bruiser's annual revenues are expected to be increased to $136.0 million from $43.8 million. The total annual revenue figures above reflect $16.9 million of Armie Hammer cannibalization as the Green will take sales away from their existing flagship model: the all-terrain vehicle known as the Hydrofracker. Range Bruiser will run a promotion extending credit equivalent to 12.0% of the Green's sale price. Purchasers of the company's other existing vehicle lines will continue to have access to Range Bruiser's standard 5.0% credit on vehicle purchase price. All Range Bruiser loans do not charge interest and allow customers to make a single payment of the full amount after two years. The firm will see its annual expenses increase to $61.0 million from $20.9 million if it accepts the project. Range Bruiser pays both taxes at both a marginal and total rate of 37.0%. The incremental annual cash flow from the Range Bruiser Green project if all parties involved take full advantage of financial opportunities presented to them is $ million. (Round your answer to two decimal places) Range Bruiser, a manufacturer of luxury four-wheel drive vehicles, is considering launching the "Range Bruiser Green". While although the vehicle will be less fuel efficient than existing Range Bruiser vehicle models, it will feature a sultry voice that says "Eco mode engaged" when the car is turned off. You have the following information about the project during its first fiscal year. Range Bruiser's annual revenues are expected to be increased to $136.0 million from $43.8 million. The total annual revenue figures above reflect $16.9 million of Armie Hammer cannibalization as the Green will take sales away from their existing flagship model: the all-terrain vehicle known as the Hydrofracker. Range Bruiser will run a promotion extending credit equivalent to 12.0% of the Green's sale price. Purchasers of the company's other existing vehicle lines will continue to have access to Range Bruiser's standard 5.0% credit on vehicle purchase price. All Range Bruiser loans do not charge interest and allow customers to make a single payment of the full amount after two years. The firm will see its annual expenses increase to $61.0 million from $20.9 million if it accepts the project. Range Bruiser pays both taxes at both a marginal and total rate of 37.0%. The incremental annual cash flow from the Range Bruiser Green project if all parties involved take full advantage of financial opportunities presented to them is $ million. (Round your answer to two decimal places)
