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Happy Dog Soap is considering an investment that will have the following sales, variable costs, and fixed operating costs Year 2 Year 4 4,100 $30.00

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Happy Dog Soap is considering an investment that will have the following sales, variable costs, and fixed operating costs Year 2 Year 4 4,100 $30.00 Year 1 Sales (units) 4,200 Sales price $29.82 Variable cost per unit $12.15 Fixed costs, excluding depreciation 541,000 Accelerated depreciation rate 339 Year 3 4,300 $30.31 4,400 $33.19 $1455 $13.45 $14.02 $41,670 $41,890 45% 159 340,100 This project will require an investment of $10,000 in new equipment. The equipment will have no salvage value at the end of the project's four year life. Happy Dog Soap pays a constant tax rate of 40%, and it has a required rate of return of 115 When using accelerated depreciation, the project's not present value (NPV) When using straight line depreciation, the project's NPVIS Using the depreciation method will result in the greater NPV for the project No other firm would take on this project if Happy Dog Soap turns it down. How much should Happy Dog Soap reduce the NPV of this project discovered that this project would reduce one of its divin's net tar cash flows by 5400 for each year of the four-year project 51.241 No other firm would take on this project if Happy Dog Soap turns it down. How much should Happy Dog Soap reduce the NPV of this project if it discovered that this project would reduce one of its division's net after-tax cash flows by $400 for each year of the four-year project? 51,241 51,055 $1.365 3931 Happy Dog Soap spent $2,750,00 on a marketing study to estimate the number of units that it can sell each year. What should Happy Dog Soap do to take this information into account? The company does not need to do anything with the cout of the marketing study because the marketing study is a sunk cost Increase the amount of the initial investment by $2,750.00 Increase the NPV of the project 52,750.00

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