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no excel please need help on how to find the cash flow after tax salvage value and NPV there is no discount rate... Down Under

no excel please
need help on how to find the cash flow
after tax salvage value and NPV
image text in transcribed
there is no discount rate...
Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $1.5 million. The fixed asset will be depreciated straight-line to zero over its five-year tax life. At the end of the project, the asset can be sold for $300,000. The project also requires $800,000 net working capital at the beginning of the project. The project is estimated to generate $1.2 million in annual sales, with costs of $500,000. The tax rate is 40%. Answer the following questions. (Round your final answer to the nearest integer. Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $1.5 million. The fixed asset will be depreciated straight-line to zero over its five-year tax life. At the end of the project, the asset can be sold for $300,000. The project also requires $800,000 net working capital at the beginning of the project. The project is estimated to generate $1.2 million in annual sales, with costs of $500,000. The tax rate is 40%. Answer the following questions. (Round your final answer to the nearest integer

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