Consider an asset that costs $516293 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $167419. If the relevant tax rate is 37 percent, what is the aftertax cash flow from the sale of this asset?

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.5 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1923808 in annual sales, with costs of $717177. If the tax rate is 33 percent, what is the OCF for this project?

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $3.13 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2181349 in annual sales, with costs of $816704. If the tax rate is 34 percent and the required return on the project is 9 percent, what is theproject's NPV?