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Question 5

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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: 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) $53,000 B) $38,000 C) $35,000 D) $43,000
-The free cash flow for the last year of Epiphany's project is closest to:


A) $53,000
B) $38,000
C) $35,000
D) $43,000

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