QUESTION

66. A project has an annual operating cash flow of $43,700. Initially, this 4-year project required $3,800 in net workin

Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-03 02:56:10

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66. A project has an annual operating cash flow of $43,700. Initially, this 4-year project required $3,800 in net working capital, which is recoverable when the project ends. The firm also spent $21,500 on equipment to start the project. This equipment will have a book value of $4,300 at the end of year 4. What is the cash flow for year 4 of the project if the equipment can be sold for $5,400 and the tax rate is 34 percent? 
A. $51,724
B. $52,038
C. $52,526
D. $52,900
E. $43,100


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66. A project has an annual operating cash flow of $43,700. Initially, this 4-year project required $3,800 in net workin

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