Use the Information for the Question(s)below

question 21

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 first year of Epiphany's project is closest to:

• A)$43,000
• B)$25,000
• C)$38,000
• D)$45,000

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Definitions:

Behavior

The actions or reactions of an object or organism, usually in relation to the environment.

Physical

Pertains to anything involving the body or physical actions.

Mental Characters

Psychological traits or attributes that define an individual's personality or cognitive profile.

Personality Theory

The study of how individual personality traits are formed, and how they influence behavior and actions.