Considering new four-year expansion project

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Reference no: EM131601726

Miller Lite, Inc. is considering a new four-year expansion project that is estimated to generate $4.1 million in annual sales, with costs of $2.8 million. The depreciation charge is $3,890,465. If the tax rate is 41 percent, what is the OCF for this project?

Reference no: EM131601726

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