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Business, 25.12.2019 02:31 bobby1415

Talmage inc. has just completed development of a new printer. the new product is expected to produce annual revenues of $2,700,000. producing the printer requires an investment in new equipment costing $2,880,000. the printer has a projected life cycle of 5 years. after 5 years, the equipment can be sold for $360,000. working capital is also expected to decrease by $360,000, which talmage will recover by the end of the new product's life cycle. annual cash operating expenses are estimated at $1,620,000. the required rate of return is 8%. required 1. prepare a schedule of the projected annual cash flows year

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