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Using Excel... Endale Enterprises is deciding whether to expand its production acties. Although long term cash flows are difficult to estimate, management has projected the
Using Excel... Endale Enterprises is deciding whether to expand its production acties. Although long term cash flows are difficult to estimate, management has projected the following cash dows for the first two years in millions of dollars Year 1 1192 18 215 Revenues COGS and Operating expenses comer than depreciation) Depreciation increase in working capital Capital expenditures Corporate tax rate a. What are the incremental comings for the project for yours and 2 b. What are the recows for this pro for the best two years? Year 2 1543 544 362 34 437 20% 334 20%
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