Evaluate the project's debt repayment ability, knowing that: - Depreciation of fixed assets formed from bank loans is 200 million VND/year
- Pre-tax profit ratio calculated on the investment capital of the project:
• First year: 20%
• Second year: 25%
• 3rd year toth5th year: 20%
- The corporate income tax rate is 28%, but the project is exempt from tax in the first year, reduced by 50% in the next 2 years.
- It is expected to set aside 10% from profit after tax, the rest will be used to repay loans