Use the Information for the Question(s)below

question 44

Multiple Choice

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 last year of Epiphany's project is closest to:

• A)$55,800.
• B)$38,000.
• C)$35,000.
• D)$43,000.

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Definitions:

Poster

A printed piece of paper designed for attaching to a wall or vertical surface, typically including textual and graphic elements to promote or advertise something.

Édouard Manet

A French painter, one of the first 19th-century artists to depict modern-life subjects, contributing to the birth of Impressionism.

Subject

In education and research, it refers to the area of knowledge or study. In art, it denotes the main object or theme depicted.

Impressionist Paintings

Artworks from the 19th-century Impressionist movement, characterized by small, thin brush strokes, open composition, emphasis on light in its changing qualities, and ordinary subject matter.