Question 20 10 pts As you plan for a new corporate project, you find that during the first year of the project's life th

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Question 20 10 Pts As You Plan For A New Corporate Project You Find That During The First Year Of The Project S Life Th 1 (32.78 KiB) Viewed 10 times

Question 20 10 pts As you plan for a new corporate project, you find that during the first year of the project's life the expectation is that revenues will total $100,000, variable costs will be 60% of revenues, fixed costs will be $30,000, and depreciation will be $10,000. Given a corporate tax rate of 40%, find the free cash-flow for the first year of the project. Enter your number in dollars, with no decimals.