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The Book Store is considering a new fouryear expansion project that requires an initial fixed asset investment of $21 million The fixed asset will be depreciated straight line to zero over its

The Book Store is considering a new four-year expansion project that requires an initial fixed asset investment of $2.1 million. The fixed asset will be depreciated straight-line to zero over its four-year life, after which time it will be worthless. The project is estimated to generate $.98 million in annual sales, with costs of $.79 million. If the tax rate is 34 percent, what is the OCF for this project? $234, 230 $325, 400 $303, 900 $291, 640 $650, 400
 

Apr 13 2020 Read more Less More

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