Nokela Industries purchases a $39.2 milion cyclo-converter. The cyclo-converter will be depreciated by $9.8 million...

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Nokela Industries purchases a $39.2 milion cyclo-converter. The cyclo-converter will be depreciated by $9.8 million per year over four years, starting this year. Suppose Nokela's tax rate is 40%. a. What impact will the cost of the purchase have on earmings for each of the next four years? b, what impact wil the cost of the purchase have on the firm's cash fow for the next four years? a, what impact will the cost of the purchase have on earnings for each of the next four years? Eaimings wby millon each year for four years (Belect from the drop-down menu anround to one decimal place) by smillin each year for four years. (Select from the drop-down menu and round to one decimal place.) b. What impact will the cost of the purchase have on the firms cash flow for the next four years? The impact on the frm's cash fiow in yoar 1 is s million. (Round to one decimal place.) The impact on the firm's cash flow in years two through four is million. (Round to one decimal place.) Enter your answer in each of the answer boxes Next. Previous

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