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A company sells Gizmos to consumers at a price of $110 per unit. The costs to produce Gizmos is $36 per unit. The company will

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A company sells Gizmos to consumers at a price of $110 per unit. The costs to produce Gizmos is $36 per unit. The company will sell 12,000 Gizmos to consumers each year. The fixed costs incurred each year will be $220,000. There is an initial investment to produce the goods of $3,700,000 which will be depreciated straight line over 9 year life of the investment to a salvage value of $0. The opportunity cost of capital is 11% and the tax rate is 25%. What is operating cash flow each year? 603777.78 E: 603,777.78+10 Click "Verify" to proceed to the next part of the question. Using an operating cash flow of 603,777.78 each year, what is the NPV of this project? Click "Verify" to proceed to the next part of the

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