Please show the formulas within the tabe!

C D F G H B E XYZ, Inc. is considering a 5-year project. The production will require net working capital investments each year equal to 15% of the projected sales. Total fixed costs are $1,350,000 per year, variable production costs are $210 per unit, and the units are priced at $345 each. The equipment needed to begin production has an intalled cost of $23,000,000. The equipment is qualified as seven-year MACRS property. The company is in the 35% marginal tax bracket and has a required rate of return on all its projects of 18%. Salvage value will be the same as the book value at the end of year 5. Please finish the project valuation and answer the following questions. All the colored cells need to 1 be filled in. 2 3 Input Area 4 Year 1 2 3 4 5 6 7 8 Projected unit 5 sales 80,000 85,000 90,000 95,000 95,000 0 0 0 6 MACRS Rates 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% 7 8 Year 10 2 NI 3 4 5 9 NWC/year (% of projected sales) 15% 10 Fixed costs $1,350,000 11 Variable cost per unit $210 12 Unit price $345 13 Equipment cost, year o $23,000,000 14 Tax Rate 35% 15 Required return 18% 16 17 1. Please complete the cash flow estimation table. What are the projected cash flows for each year? (5 points) 18 19 20 21 1 22 Ending book value 23 Depreciation (annual) 24 Depreciation (Accum) 25 26 Sales 27 Variable costs 28 Fixed costs 29 Depreciation (annual) 30 EBIT 31 Taxes 32 Net income (without considering interests) 33 34 NOPAT 35 Change in NWC 36 CAPEX 37 Depreciation (annual) 38 Salvage value 39 Total cash flow 40 41 41 42 2. What is the NPV and IRR for this project? Shall the project be accepted? Why? (2 points) 43 44 45 46 NPV = IRR = 47 48 Type your answer here: % Change 49 3. please identify top 3 value drivers using break-even senstivity analysis (2 points) 50 51 Variable Expected Value Critical Value 52 NWC (%) 53 Variable Cost 54 Unit Price 55 Tax Rate 56 Discount Rate 57 58 59 4. Using the following table and Excel scenario manager function to conduct a scenario analysis. In this analysis, please cover worst, expected, and best scenario. Please make sure to 60 change the cell references in the scenario summary table to proper variable names so your results are understandable. (2 points) 61 62 Variable Expected Value Minimum Maximum 63 NWC (%) 15% 12% 17% 64 Variable Cost 210 200 230 Please note: minimum doesn't mean worst 65 Unit Price 345 320 355 scenario, and maximum doesn't mean best scenario either. 66 Tax Rate 35% 30% 40% 67 Discount Rate 18% 15% 20% 68 69 70 71 C D F G H B E XYZ, Inc. is considering a 5-year project. The production will require net working capital investments each year equal to 15% of the projected sales. Total fixed costs are $1,350,000 per year, variable production costs are $210 per unit, and the units are priced at $345 each. The equipment needed to begin production has an intalled cost of $23,000,000. The equipment is qualified as seven-year MACRS property. The company is in the 35% marginal tax bracket and has a required rate of return on all its projects of 18%. Salvage value will be the same as the book value at the end of year 5. Please finish the project valuation and answer the following questions. All the colored cells need to 1 be filled in. 2 3 Input Area 4 Year 1 2 3 4 5 6 7 8 Projected unit 5 sales 80,000 85,000 90,000 95,000 95,000 0 0 0 6 MACRS Rates 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% 7 8 Year 10 2 NI 3 4 5 9 NWC/year (% of projected sales) 15% 10 Fixed costs $1,350,000 11 Variable cost per unit $210 12 Unit price $345 13 Equipment cost, year o $23,000,000 14 Tax Rate 35% 15 Required return 18% 16 17 1. Please complete the cash flow estimation table. What are the projected cash flows for each year? (5 points) 18 19 20 21 1 22 Ending book value 23 Depreciation (annual) 24 Depreciation (Accum) 25 26 Sales 27 Variable costs 28 Fixed costs 29 Depreciation (annual) 30 EBIT 31 Taxes 32 Net income (without considering interests) 33 34 NOPAT 35 Change in NWC 36 CAPEX 37 Depreciation (annual) 38 Salvage value 39 Total cash flow 40 41 41 42 2. What is the NPV and IRR for this project? Shall the project be accepted? Why? (2 points) 43 44 45 46 NPV = IRR = 47 48 Type your answer here: % Change 49 3. please identify top 3 value drivers using break-even senstivity analysis (2 points) 50 51 Variable Expected Value Critical Value 52 NWC (%) 53 Variable Cost 54 Unit Price 55 Tax Rate 56 Discount Rate 57 58 59 4. Using the following table and Excel scenario manager function to conduct a scenario analysis. In this analysis, please cover worst, expected, and best scenario. Please make sure to 60 change the cell references in the scenario summary table to proper variable names so your results are understandable. (2 points) 61 62 Variable Expected Value Minimum Maximum 63 NWC (%) 15% 12% 17% 64 Variable Cost 210 200 230 Please note: minimum doesn't mean worst 65 Unit Price 345 320 355 scenario, and maximum doesn't mean best scenario either. 66 Tax Rate 35% 30% 40% 67 Discount Rate 18% 15% 20% 68 69 70 71