Business, 30.07.2021 17:20 DatxBoixMatt4766

A firm plans to build a plant on land it owns. The firm paid $200,000 for the land 30 years ago. Its current market value is $2,000,000. Construction costs, including machinery, will require an initial outlay of $20,000,000. The project will create sales of $12,000,000 per year for years 1-10. No change in other operating costs is expected. The firm uses straight line depreciation over the 10 year life of the project. Salvage value is $1,000,000. The tax rate is 40%. The incremental total (operating non-operating) cash flow in year 10 is $__

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A firm plans to build a plant on land it owns. The firm paid $200,000 for the land 30 years ago. Its...

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