elearning.act.edu.om project with an estimated cost of OMR 32,500 at time zero. The residual value at the end of its useful life is OMR 5,000. Sama & Company's required rate of return is 12%. Operating cash inflows, excluding depreciation, and before taxation, are OMR 27,500 and OMR 22,500 for year 1 and 2 respectively. The tax rate is 20%. 1. What is cash flow after tax for the first year? 2. What is cash flow after tax for the second year? 3. Calculate the after-tax NPV of the