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You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a
You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, We owe these consultants $ million for this report, and I am not sure their analysis makes sense. Before we spend the $ million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimatesin millions of dollars: Given the available information, what are the free cash flows in years through that should be used to evaluate the proposed project? The free cash flow for year is $ enter your response here million. Round to three decimal places, and enter a decrease as a negative number.
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