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Cost of Souffle Maker $27,000 ($27,000) Economic Life 6 years # of Souffles produced per year 2,300 Cost to make each Souffle $2 Price of

Cost of Souffle Maker$27,000($27,000)
Economic Life6years
# of Souffles produced per year2,300
Cost to make each Souffle$2
Price of each Souffle$7
Discount Rate14%
Tax Rate34%
Step 1: First calculate the Operating Cash Flow#NAME?
Step 2: Place the answer you get for your Operating Cash Flow in the year 1 thru year 6 cells below
Year 1#NAME?
Year 2#NAME?
Year 3#NAME?
Year 4#NAME?
Year 5#NAME?
Year 6#NAME?
Step 3: Now find the NPV. Be sure to include the initial cost by using cell C58 as it is negative
NPV =#NAME?(You will accept the project if the NPV is positive)

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