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uad enterprises is considering a new three-year expansion that requires an initial fixed investment of $2.9 million. the fixed asset will depreciated straight-line to zero
uad enterprises is considering a new three-year expansion that requires an initial fixed investment of $2.9 million. the fixed asset will depreciated straight-line to zero its three-year tax life, after which time it will worthless. the project is estimated to generation $2,190,000 in annual sales, with costs $815,000. if the tax rate is 21 percent, what is the ocf for this project? Need answer in excel formula
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