How much cash flow before tax and interest is necessary to support a project if $2 million is used to pay interest, the tax rate is 21%, and equity investors require annual income of $4 million?

The necessary cash flow is $ 7,594,936.70.

Step-by-step explanation:

To determine the cash flow necessary before taxes and interest to support the project if $ 2 million is used to pay interest, the tax rate is 21%, and equity investors require annual income of $ 4 million, the following calculation must be performed:

X - 0.21X - 2,000,000 = 4,000,000

X - 0.21X = 4,000,000 + 2,000,000

0.79X = 6,000,000

X = 6,000,000 / 0.79

X = 7,594,936.70

Therefore, the necessary cash flow is $ 7,594,936.70.

the cat is blue because the probability of extension towards the prefix of the diameter of the circle could only mathematically equal to the sum of the roots of the carrots from   your garden.

step-by-step explanation:

step-by-step explanation: