Reference no: EM132703614

As the key financial manager of Success Systems, a manufacturer of internet equipment, you are considering building a new plant. The new plant has an initial cost of $500 million, will last 5 years, and will be depreciated to a book value of $0 on a straight-line basis. The salvage value of this new plant is expected to be $100 million. Sales and costs are expected to be $242 million and $73 million, respectively, in each of the five years the plant is in existence. In addition, inventories will immediately rise by $25 million and accounts payable will rise immediately by $50 million. Accounts receivable will rise by $35 million at the end of the 1st year (i.e., at t=1). Inventories, accounts receivable and accounts payable will return to original levels at the end of the project's life. If the tax rate is 24% (on both income and on capital gains), what is the year five (t=5) FINAL TIMELINE CF in millions of dollars? WRITE THE NUMBERS "in millions" (i.e. as if the word millions was written next to each number).