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Question 11(5 points) Micky Frozen Inc., has a four year project. It requires...

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Finance

Question 11(5 points)
Micky Frozen Inc., has a four year project. It requires an initial investment of $2,538,000 in a fixed asset. The asset will be depreciated straight-line to zero over four years and will be worthless at year four. The expected annual sales and costs are $2,256,000 and $902,400, respectively.
The project's operating cash flow is assume a tax rate of 25%.
$1,232,516
$539,325
$1,173,825
$1,115,134
$1,353,600
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