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Question
In the fourth and final year of a project, SVC expects operating cash flow of $440,000. The project required an $80,000 investment in working capital at the beginning. Of that amount, $60,000 will be recovered in year 4. Machinery associated with the project will be sold for exactly its under appreciated value of $15,000. Total free cash flow for the fourth year is:A) $75,000.
B) $1$500,000.
C) $515,000.
D) $535,000.
Answer
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Related questions
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