Corporate Finance Assignment/ Professional Essay Writers
Your company is planning a $216,000 to invest in new equipment. This cost will be depreciated on a straight-line basis over a 4-year period. They can salvage it for $45,000. You need to invest $40,000 in new Net Working Capital, which will be returned at the end of the project. The new equipment is expected to generate $489,000 in additional annual sales. Costs are 46% of sales. The tax rate is 34%.
What is the Cash Flow From Assets for the first year of this project? round to the nearest dollar. enter the number with commas if necessary? Get Finance Help Today