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Score: 0 of 1 pt 11 of 15 (10 complete) HW Score: 66.67%, 10 of 15 pts Problem 9-17a s Question Help You are a

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Score: 0 of 1 pt 11 of 15 (10 complete) HW Score: 66.67%, 10 of 15 pts Problem 9-17a s Question Help You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.9 million for this report, and I am not sure their analysis makes sense. Before we spend the $17 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): 1 2 9 10 Sales revenue 33.000 33.000 33.000 33.000 - Cost of goods sold 19.800 19.800 19.800 19.800 = Gross profit 13.200 13.200 Become A Millionaire: 5 Simple Steps To Gain Wealth - General, sales, and administrative expenses 1.360 1.360 1.360 1.360 Depreciation 1.700 1.700 1.700 1.700 = Net operating income 10.140 10.140 10.140 10.140 - Income tax 3.549 3.549 3.549 3.549 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The free cash flow for year 0 is $ million. (Round to three decimal places, and enter a decrease as a negative number.) Enter your answer in the answer box and then click Check Answer. ? 10 parts Clear All Check Answer remaining

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