Unformatted text preview: 24} The free cash flow for the last year of Epiphany's project is closest to:
25} The NPV for Epiphany's Project is closest to:
D} $20,400 26} Luther Industries has outstanding tax loss carryforwards of $70 million from losses over the past four years.
If Luther earns $15 million per year in pre—tax income from now on, Luther first pay taxes in?
A} ?' years.
B} 2 years.
C} 4 years.
D} 5 years. ...
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- Spring '11