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please answer quick, for a double thumbs up. (Estimated time allowance: 4 minutes) Twitz Corp. is looking at setting up a new manufacturing plant in

please answer quick, for a double thumbs up.
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(Estimated time allowance: 4 minutes) Twitz Corp. is looking at setting up a new manufacturing plant in Kennesaw, GA. Twitz had bought a piece of land 4 years ago for $1 million thinking to use it as for expansion of its warehouse, but Twitz decided to lease a building nearby for those purposes. Today, the value of the land net of taxes is estimated at $2.7 million. Twitz now wants to build a new manufacturing plant for a new project called AAA-T on this land; the plant will cost $10 million to build, and the site requires $1.4 million worth of improvements before it is suitable for construction. Launching the project will require an investment in working capital today in the amount of $2.0 million. In addition, new equipment in the amount of $3.7 million is needed for the project. The tax rate is 30%. What is the initial outlay (IO) for the NPV evaluation of this project? Enter your answer in millions. For example, if you obtained $3,450,000 then enter 3.45; for 4,000,000 then enter 4.00 (Estimated time allowance: 6 minutes). Easy-Washing Inc. commercial washing machines. Currently, it sells 130,000 units of its only high-quality brand, which sells for $1,000 each. Easy-Washing is considering introducing an inexpensive washer machine that would sell for a mere $900 each. Easy-Washing estimates it would be able to sell 90,000 units of this lower-priced washing machines. Easy-Washing also estimates that it will sell 600 less units of its current high-priced washing machines as a result of the introduction of the new washing machine. What is the amount of the sales that should be used when evaluating the new project the addition of the inexpensive washing machine? Enter your answer en millions, e.g. if you obtain $2,300,000 then enter 2.30; if your answer is $3,000,000 then enter 3,00 Your

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