Afirm is considering taking a project that will produce $15 million of revenue per year. cash expenses will be $5 million, and depreciation expenses will be $1 million per year. if the firm takes that project, then it will reduce the cash revenues of an existing project by $2 million. what is the free cash flow on the project, per year, if the firm is in the 35 percent marginal tax rate?

A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.