NO.PZ2018101501000046
问题如下：
Matt, CFA, is a financial analyst with Company M, a manufacturer of automobile equipment. Matt is evaluating a new project of Company M and collecting relevant information in the following table. (Currency Amounts in $) What`s the terminal year after-tax non-operating cash flow?
选项：
A. $1,500,000
B. $7,000,000
C. $6,500,000
解释：
C is correct.
考点：Cash Flow Projections: Expansion Project
解析：TNOCF = Sal5+NWCInv–T(Sal5−B5) = 2,000,000+5,000,000-0.25*(2,000,000-0) = $6,500,000
NWCinv5000000不是应该是负数吗？
