3,100,000 4 600,000 780,000 Initial Investment Project's Life SL Depreciation Salvage Value Asset retirement (Salvage Value) Change in working capital Opportunity cost (TO) Expected annual sales Gross profit margin Operating expenses Tax rate Required rate of return 13% of sales 600,000 6,000,000 5,000,000 45% 15% of Sales 35% 8% 6,800,000 3,900,000 Investment Decision Criteria: Problems . Compute for: NPV PI IRR MIRR Payback Discounted payback . . 3,100,000 4 600,000 780,000 Initial Investment Project's Life SL Depreciation Salvage Value Asset retirement (Salvage Value) Change in working capital Opportunity cost (TO) Expected annual sales Gross profit margin Operating expenses Tax rate Required rate of return 13% of sales 600,000 6,000,000 5,000,000 45% 15% of Sales 35% 8% 6,800,000 3,900,000 Investment Decision Criteria: Problems . Compute for: NPV PI IRR MIRR Payback Discounted payback