Instructions: Develops an NPV figure/table. Clearly articulates the cost of the strategy (-cf0). Clearly articulates the subsequent Pro-Forma cash flows (cf) for the NPV analysis. Thoroughly analyzes the NPV. Includes and analyzes the EPS/EBIT figure/table.

	Projected Income Statement
	New Strategy
	12/31/2019	12/31/2020	12/31/2021
Revenues	$ 1,405,429.00	$ 1,718,374.00	$ 2,032,835.00
Cost of Goods Sold	$ 610,296.00	$ 693,467.00	$ 775,811.00
Gross Profit	$ 795,133.00	$ 1,024,907.00	$ 1,257,024.00
Operating Expenses	$ 548,566.00	$ 638,963.00	$ 712,896.00
EBIT	$ 158,943.00	$ 180,256.00	$ 215,478.00
Interest Expense	$ 106,633.00	$ 109,112.00	$ 112,871.00
EBT	$ 158,943.00	$ 180,256.00	$ 215,478.00
Tax	$ 21,490.00	$ 23,987.00	$ 25,208.00
Non-Recurring Events	$0.00	$0.00	$0.00
Net Income	$ 102,450.00	$ 112,986.00	$ 142,302.00