TNOCF for a replacement project

Hi,

Does anyone has a simple formula to compute TNOCF for a replacement project ?

Thanks

the key is to just use incremental values for revenue, dep, etc…

sorry if thats not what you are looking for as you asked for a formula. I am sure someone else can provide one if there is one.

Thanks. It makes sense to me when it comes to compute the Change in CF but I got confused whenever I need to compute th TNOCF for the last year CF of the project, particularly with salvage value and taxes.

So, I am looking for a formula I could apply to any case because I always get that question wrong.

Anyone else ? S2000 ?

Much appreciated