You are a manager at Percolated Fiber, which is considering expanding its operations in synthetic fiber manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.9 million for this report, and I am not sure their analysis makes sense. Before we spend the $23 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): (Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Project Year Earnings Forecast (S million) Sales revenue - Cost of goods sold 2 10 Gross profit - Selling, general, and administrative expenses - Depreciation 30.000 30.000 18.000 18.000 12.000 12.000 1.840 1.840 2.300 2.300 30.000 18.000 12.000 1.840 2.300 30.000 18.000 12.000 1.840 2.300 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The free cash flow for year 0 is $million. (Round to three decimal places and enter a decrease as a negative number.) Enter vour answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer You are a manager at Percolated Fiber, which is considering expanding its operations in synthetic fiber manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and complains, "We owe these consultants $1.9 million for this report, and I am not sure their analysis makes sense. Before we spend the $23 million on new equipment needed for this project, look it over and give me your opinion." You open the report and find the following estimates (in millions of dollars): (Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Project Year Earnings Forecast (S million) Sales revenue - Cost of goods sold 2 10 Gross profit - Selling, general, and administrative expenses - Depreciation 30.000 30.000 18.000 18.000 12.000 12.000 1.840 1.840 2.300 2.300 30.000 18.000 12.000 1.840 2.300 30.000 18.000 12.000 1.840 2.300 a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? The free cash flow for year 0 is $million. (Round to three decimal places and enter a decrease as a negative number.) Enter vour answer in the answer box and then click Check Answer. parts remaining Clear All Check