Use the information for the question(s)below.
Epiphany Industries is considering a new capital budgeting project that will last for three years.Epiphany plans on using a cost of capital of 12% to evaluate this project.Based on extensive research,it has prepared the following incremental cash flow projections:
-The free cash flow for the first year of Epiphany's project is closest to:
A)$43,000
B)$25,000
C)$38,000
D)$45,000

Question

Use the information for the question(s)below.
Epiphany Industries is considering a new capital budgeting project that will last for three years.Epiphany plans on using a cost of capital of 12% to evaluate this project.Based on extensive research,it has prepared the following incremental cash flow projections: 
-The free cash flow for the first year of Epiphany's project is closest to:
A)$43,000 
B)$25,000 
C)$38,000 
D)$45,000

Quizplus · Accepted Answer

C) 11ea7cce_3bb2_c4cc_928c_8fdca0c06a55_TB1626_00

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