Question
U-ship it inc. is considering a new four-year project with an initial investment requirement of $72,000. The equipment will be depreciated straight-line to zero over
U-ship it inc. is considering a new four-year project with an initial investment requirement of $72,000. The equipment will be depreciated straight-line to zero over the life of the project and will be worthless at the end of the project. Sales are estimated at $136,800 with costs of $87,900. The tax rate is 34%. What is the project Operating Cash Flow (OCF)?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
