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excel answer only - A B D E F G H J Quad Enterprises is considering a new three-year expansion project that requires an initial
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- A B D E F G H J Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 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 $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? Asset investment $ Estimated annual sales $ Costs $ 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 calculations. Sales Costs Depreciation EBT Taxes Net income Sheet1 ation.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%253A%252F nt (Part 2) Saved 1 fx A B D E F G H Asset investment Estimated annual sales Costs 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 cal Sales Costs Depreciation EBT Taxes Net income OCF Sheet1 EADY BRE Step by Step Solution
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