A new project is expected to generate 800000 in revenues, Financial Management

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A new project is expected to generate 800000 in revenues

A new project is expected to generate $800,000 in revenues, $250,000 in cash operating expenses, and depreciation expense of $150,000 in each year of its 10-year life. The corporation's tax rate is 35%. What is the free cash flow from the project in year one?

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Financial Management: A new project is expected to generate 800000 in revenues

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