Eisenhower Communications is trying to estimate the first-year cash flow (at Year 1) for a...
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Eisenhower Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The financial staff has collected the following information on the project: Sales revenues $200,000 Operating costs (excluding depreciation) $120,000 Depreciation = $20,000 Interest expense-$10,000 The company has a 40% tax rate, and its WACC is 10%. What is the project's cash flow for the first year (t 1)
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