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EXCEL FORMAT ONLY (EXAMPLE =B5+C5) NO VALUES. THANK U! Calculating NPV - Excel ? 6 * 32 - 8 Sign In FILE HOME INSERT PAGE

EXCEL FORMAT ONLY (EXAMPLE =B5+C5) NO VALUES. THANK U!image text in transcribedimage text in transcribed

Calculating NPV - Excel ? 6 * 32 - 8 Sign In FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW E Paste 10 B IU - 22- A Alignment Number Cells Editing points Conditional Format as Cell Formatting Table Styles Styles Font Clipboard A1 x for eBook Print References 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. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. What is the project's Year O net cash flow? Year 1? Year 2? Year 3? The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? $ $ Asset investment Estimated annual sales Costs Net working capital Pretax salvage value Tax rate Project and asset life Required return 2,900,000 2,190,000 815,000 300,000 210,000 21% 12% D19 X fic =D10 32 D Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. ints $ 210,000 Aftertax salvage value Sell equipment Taxes Aftertax cash flow eBook Print Sales Costs Depreciation EBT Taxes Net income References Capital spending Net working capital OCF Net cash flow NPV ... Sheet1 ... + @ J - G H + READY Attempt(s) 100% Hint 0/3

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