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Tube Steaks International is considering expanding its business. it is considering an expansion into condiments industry. it will require an outlay of $4million initially. the
Tube Steaks International is considering expanding its business. it is considering an expansion into condiments industry. it will require an outlay of $4million initially. the equipment is depreciated/CCA rate over a 5-year period on a striahgt-line basis. The project is only run for 4 years. the equipment can be sold for its underpreciated amount in 4 years. Annual sales are expected to be $2.5 million per year with costs of $1 million per year. if the tax rate is 40%, what are the OCF per year?
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