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What will be cash flow in each of years for daily enterprise

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Problem 1: Daily Enterprises is purchasing a $13,000,000 machine. The machine will be depreciated using straight-line depreciation over its 10 year life and will have no salvage value. The machine will generate revenues of $5,500,000 per year along with costs of $2,000,000 per year. If Daily's marginal tax rate is 31%, what will be the cash flow in each of years 1 to 10? Note that same cash flows each year.

Reference no: EM132763058

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