Formulas: AFN = (A * /So)Deltas - (L0*/50)Deltas - PM*S:(Retention Ratio) Inventory Turnover Ratio: Sales/Inventory Full capacity sales - Actual sales/(% of capacity at which FA are operated) Target FA/Sales ratio = FA/Full Capacity Sales Delta FA= (Target FA/Sales ratio) *(New Sales- Full Capacity Sales) ACME Company is considering a project with the following possible scenarios: Calculate the project's expected NPV. (in millions) Economic Scenario Probability of Outcome NPV Recession .10 -50 million Below average .15 - 15 million Average .4 10 million Above average .25 25 million Boom .1 60 million O 7 5 O o 6 o