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the contract? ( Note: Assume that the equipment is put into use in year 1 . ) Calculate the free cash flows below for years
the contract? Note: Assume that the equipment is put into use in year
Calculate the free cash flows below for years through : Round to the nearest dollar.
Year
Sales
Cost of Goods Sold
Gross Profit
Annual Cost
Depreciation
EBIT
Tax
Incremental Earnings
Depreciation
Changes in NWC
Opportunity Cost
Capital Expenditures
Year
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