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You are opening your own business and estimate the following expenses and revenues. Revenues will be $351,000 in year 1 and will grow at 7%
You are opening your own business and estimate the following expenses and revenues. Revenues will be $351,000 in year 1 and will grow at 7% for the next two years. Cost of goods sold will be $125,000 in year one and will go at 8% for the next two years. Operating expense will be $35,000 in year one and will grow at 4% for the next two years. Taxes will be 26% per year for all years. Depreciation will be $32,000 in year 1, $44,000 in year 2, $35,000 in year 3. Please estimate the cash flows from operations for years 1,2,3
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