I split up my screen shots. please help me. I keep getting my answers incorrect with my formulas within cells
ezto.mheducation.com Question 6 - 5.7 Excel Spreadsheet Assignment #2 - C. https://learn-us-east-1-prod-fleet01-xythos.content.bl. Inbox (7,570) - algee1922@gmail.com - Gmail [Solved] Hi Tutors, I need some help solving two pro. 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit 6 Calculating NPV - Excel 6 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibr - 11 - A" A % Paste BIU - B- D-A Alignment Number Conditional Format as Cell 12.5 Cells Formatting - Table - Styles - points Clipboard Font Styles Al Print 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 on a three-year MACRS schedule. The 3 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 0 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 investmen 2,900,000 Estimated annual sales 2,190,000 Costs 815,000 Net working capita 300,000 10 Pretax salvage value 210,000 11 Tax rate 21% 12 |Project and asset life 3 13 Required return 12% 14 MACRS percentages 15 Year 1 0.3333 16 Year 2 0.4445 17 Year 3 0.1481 19 20 Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. 21 Sheet1 + READY " -- 60% Attempt(s) Mc Graw ezto.mheducation.com Question 6 - 5.7 Excel Spreadsheet Assignment #2 - C. https://learn-us-east-1-prod-fleet01-xythos.content.bl. Inbox (7,570) - algee1922@gmail.com - Gmail [Solved] Hi Tutors, I need some help solving two pro. 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit 6 Calculating NPV - Excel 6 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In X Calibr - 11 - A" A % Paste Conditional Format as Cell 12.5 Alignment Number Cells Formatting - Table- Styles - points Clipboard Font Styles Al Print 20 Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. 21 Sales 23 Costs 24 Depreciation 25 EBT 26 Taxes 27 Net income Fixed asset book value in three years Aftertax salvage value Sell equipment Taxes Aftertax cash flow 37 Capital spending 38 Net working capital 39 OCF 40 Net cash flow 41 42 NPY 43 Sheet1 READY 60% Attempt(s) Mc Graw ezto.mheducation.com Question 7 - 5.7 Excel Spreadsheet Assignment #2 - C... https://learn-us-east-1-prod-fleet01-xythos.content.bl. Inbox (7,570) - algee1922@gmail.com - Gmail [Solved] Hi Tutors, I need some help solving two pro. 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit 7 Calculating NPV - Excel 7 0 - 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibr - 1 1 - A" A Wrap Text Paste BIU - B- D-A- 18 :3 6 Merge & Center Number Conditional Format as Cell 12.5 Cells Formatting - Table - Styles - points Clipboard Font Alignment Styles Al Print A You have been hired as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ), manufacturers of fine zithers. The market for zithers is growing quickly. The company bought some land three years ago for $2.1 million in anticipation of using it as a toxic waste dump site but has recently hired another company to handle all toxic materials. Based on a recent appraisal, the company believes it could sell the land for $2.3 million on an aftertax basis. In four years, the land could be sold for $2.4 million after taxes. The company also hired a marketing firm to analyze the zither market, at a cost of $125,000. An excerpt of the marketing report is as follows: 3 The zither industry will have a rapid expansion in the next four years. With the brand name recognition that PUTZ brings to bear, we feel that the company will be able to sell 3,600, 4,300, 5,200, and 3,900 units each year for the next four years, respectively. Again, capitalizing on the name recognition of PUTZ, we feel that a premium price of $750 can be charged for each zither. Because zithers appear to be a fad, we feel at the end of the four-year period, sales should be discontinued. PUTZ believes that fixed costs for the project will be $415,000 per year, and variable costs are 15 percent of sales. The equipment necessary for production will cost $3.5 million and will be depreciated according to a three-year MACRS schedule. At the end of the project, the equipment can be scrapped for $350,000. Net working capital of $125,000 will be required immediately. PUTZ has a 22 percent tax rate, and the required return on the project is 13 percent. What is the NPV of the project? Original cost of land 2,100,000 Current land value 2,300,000 Land value in 4 years 2,400,000 Marketing study 125,000 Year Year 2 Year 3 Year 4 Units sold 3.600 4,300 5,200 3,900 Calne Belen 750 Sheet1 READY 50% Attempt(s) Mc Graw
ezto.mheducation.com Question 7 - 5.7 Excel Spreadsheet Assignment #2 - C... https://learn-us-east-1-prod-fleet01-xythos.content.bl. Inbox (7,570) - algee1922@gmail.com - Gmail [Solved] Hi Tutors, I need some help solving two pro. 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit 7 H . 9 . . . Calculating NPV - Excel 7 0 - 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibr - 1 1 - A" A Wrap Text Paste BIU - B- D-A- 18 :3 6 Merge & Center Number Conditional Format as Cell Cells 12.5 Formatting - Table - Styles - points Clipboard Font Alignment Styles Al Print A B Original cost of land 2,100,000 Current land value 2,300,000 Land value in 4 years 2,400,000 Marketing study 125,000 Year Year 2 Year 3 Year 4 Units sold 3,600 4,300 5,200 3,900 Sales price 750 Fixed costs 415.000 Variable costs 15% Equipment costs 3,500,000 Pretax salvage value 350,000 Net working capital 125,000 Tax rate 22% Required return 13% Year 1 Year 2 Year 3 Year 4 MACRS percentages 33.33% 44.45% 14.81% 7.41% Complete the following analysis. Do not hard code values in your calculations. Enter a "0" for any cost that should not be included. You must use the built-in Excel function to calculate the NPV. Aftertax cash flow Pretax salvage value Taxe Aftertov calvone value Sheet1 READY " --+ 50% Attempt(s) Mc Graw ezto.mheducation.com Question 7 - 5.7 Excel Spreadsheet Assignment #2 - C... https://learn-us-east-1-prod-fleet01-xythos.content.bl. Inbox (7,570) - algee1922@gmail.com - Gmail [Solved] Hi Tutors, I need some help solving two pro. 5.7 Excel Spreadsheet Assignment #2 @ Saved Help Save & Exit Submit 7 Calculating NPV - Excel 7 0 - 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibr - 1 1 - A" A Wrap Text 12.5 Paste BIU - B- DA- 1 73 6 Merge & Center Number Conditional Format as Cell Cells Formatting - Table - Styles - points Clipboard Font Alignment Styles Al Print A B 24 Complete the following analysis. Do not hard code values in your calculations. Enter a "0" for any cost that should not be included. You must use the built-in Excel function to calculate the NPV. Aftertax cash flow Pretax salvage value Taxes Aftertax salvage value Year 0 Year 1 Year 2 Year 3 Year 4 Revenues Fixed costs Variable costs Depreciation EBT Taxes Net income Equipment Land Net working capital OCF Total cash flow INPV Sheet1 READY 50% Attempt(s) Mc Graw
