*Motley Cruises is evaluating a proposed new project that has projected sales of $225,000, costs of $133,000, and depreciation of $24,800. Capital spending for the year is forecast at $53,650. The tax rate is 21 percent. Motley Cruises' net working capital schedule is provided below. What is the company's Total Cash Flow at year end? Accounts Receivable Accounts Payable Beginning of Year $90,155 $72,450 End of Year $101,600 $ 85,230

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
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Chapter10: Capital Budgeting: Decision Criteria And Real Option
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Chapter 10: Capital Investment Decision-Making
Project Cash Flow:
*Motley Cruises is evaluating a proposed new project that has projected sales of $225,000, costs of
$133,000, and depreciation of $24,800. Capital spending for the year is forecast at $53,650. The tax
rate is 21 percent. Motley Cruises' net working capital schedule is provided below. What is the
company's Total Cash Flow at year end?
Accounts Receivable
Accounts Payable
na over 01
Beginning of Year
$90,155
$72,450
End of Year
$101,600
$ 85,230
Transcribed Image Text:Chapter 10: Capital Investment Decision-Making Project Cash Flow: *Motley Cruises is evaluating a proposed new project that has projected sales of $225,000, costs of $133,000, and depreciation of $24,800. Capital spending for the year is forecast at $53,650. The tax rate is 21 percent. Motley Cruises' net working capital schedule is provided below. What is the company's Total Cash Flow at year end? Accounts Receivable Accounts Payable na over 01 Beginning of Year $90,155 $72,450 End of Year $101,600 $ 85,230
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