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Answers MUST be in excel format. Excel Calculating uring cash flow - Excel FORMULAS DATA REVIEW VIEW HOME INSERT PAGE LAYOUT litt 1 Cell .

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Excel Calculating uring cash flow - Excel FORMULAS DATA REVIEW VIEW HOME INSERT PAGE LAYOUT litt 1 Cell . Alignment Number Paste Conditional Format as Cell Formatting Table Styles Styles Rant clipboard A1 1 X H c D 3 Quad Enterprises is considering a new free-year expansion project that requires an nitial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-fine b zero over its three-year tax life, after which time it wilbe wortless. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. If the tax rate is 21 percent, what is the OCF for this project? DIM Asset investment Estimated annual sales Casts Tax rate Project and asset life 2,900.000 2,190.000 815,000 21% 3 Complete the following analysis. Do not hard code values in your calculation BUBB Sales Costs Depreciation EBT Taxes Net income 21 22 OCF 22 Sheet1 READY Attempt(s)

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