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uad enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $3.672 million. The fixed asset will be depreciated
uad enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $3.672 million. The fixed asset will be depreciated straight-line to zero over its 6-year tax life, after which time it will be worthless. The project is estimated to generate $3,264,000 in annual sales, with costs of $$1,305,600. If the tax rate is 23 percent, what is the OCF for this project
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