and three indirect benefits. PROBLEMS 8-1. Fort Wayne Corporation expects the following revenues, cash expenses,...
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and three indirect benefits. PROBLEMS 8-1. Fort Wayne Corporation expects the following revenues, cash expenses, and depreciation charges as a result of its recent opening of an affiliated store in Lansing: YEAR 3 5 Revenues Cash Expenses Depreciation $16,000 $8,000 $3,000 $20,000 $5,000 $4,000 $38,000 $14,000 $3,000 $48,000 $19,000 $3,000 $35,000 $19,000 $3,000 Fort Wayne is in the 40 percent tax bracket. Please compute the after tax cash flows from this investment in the Lansing store
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