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PLEASE SOLVE IN EXCEL :) SHOW ANSW AND FORMULA;) I places in Bold on what i need help THANK YOU :) Mostly the NWC and

PLEASE SOLVE IN EXCEL :) SHOW ANSW AND FORMULA;)

I places in Bold on what i need help THANK YOU :) Mostly the NWC and Net Cash Flow

Year Unit Sales 1 84,000 2 98,000 3 113,000 4 106,000 5 79,000 Production of the implants will require $1,500,000 in net working capital to start and additional net working capital investments each year equal to 15 percent of the projected sales increase for the following year. Total fixed costs are $3,400,000 per year, variable production costs are $265 per unit, and the units are priced at $395 each. The equipment needed to begin production has an installed cost of $17,000,000. Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus qualifies as seven-year MACRS property. In five years, this equipment can be sold for about 20 percent of its acquisition cost. AAI is in the 35 percent marginal tax bracket and has a required return on all its projects of 18 percent. Based on these preliminary project estimates, what is the NPV of the project? What is the IRR? Help Me solve it... can you please provide the formulas and answer Thank You!! Year 1 unit sales 84,000 Year 2 unit sales 98,000 Year 3 unit sales 113,000 Year 4 unit sales 106,000 Year 5 unit sales 79,000 Initial NWC $ 1,500,000 Additional NWC/year 15% Fixed costs $ 3,400,000 Variable cost per unit $ 265 Unit price $ 395 Equipment cost $ 17,000,000 Salvage value (% of price) 20% Tax rate 35% Required return 18% MACRS depreciation 14.29% 24.49% 17.49% 12.49% 8.93% Output area: Requirement: Year 0 1 2 3 4 5 NWC $ Ending book value $ Sales $ Variable costs Fixed costs Depreciation EBIT $ Taxes Net income $ Depreciation Operating cash flow $ Net cash flows Operating cash flow $ - $ Change in NWC Capital spending - - - - Total cash flow $ Cumulative cash flow $ Payback calculation Net present value Internal rate of return Payback period

Year 1 unit sales 84,000
Year 2 unit sales 98,000
Year 3 unit sales 113,000
Year 4 unit sales 106,000
Year 5 unit sales 79,000
Initial NWC $ 1,500,000
Additional NWC/year 15%
Fixed costs $ 3,400,000
Variable cost per unit $ 265
Unit price $ 395
Equipment cost $ 17,000,000
Salvage value (% of price) 20%
Tax rate 35%
Required return 18%
MACRS depreciation 14.29%
24.49%
17.49%
12.49%
8.93%
Output area:
Year 0 1 2 3 4 5
NWC $ 1,500,000 ? ? ? ? ?
Ending book value $ 17,000,000 $ 14,570,700 $ 10,407,400 $ 7,434,100 $ 5,310,800 $ 3,792,700
Sales $ 33,180,000 $ 38,710,000 $ 44,635,000 $ 41,870,000 $ 31,205,000
Variable costs 22,260,000 25,970,000 29,945,000 28,090,000 20,935,000
Fixed costs 3,400,000 3,400,000 3,400,000 3,400,000 3,400,000
Depreciation 2,429,300 4,163,300 2,973,300 2,123,300 1,518,100
EBIT $ 5,090,700 $ 5,176,700 $ 8,316,700 $ 8,256,700 $ 5,351,900
Taxes 1,781,745 1,811,845 2,910,845 2,889,845 1,873,165
Net income $ 3,308,955 $ 3,364,855 $ 5,405,855 $ 5,366,855 $ 3,478,735
Depreciation 2,429,300 4,163,300 2,973,300 2,123,300 1,518,100
Operating cash flow $ 5,738,255 $ 7,528,155 $ 8,379,155 $ 7,490,155 $ 4,996,835
Net cash flows
Operating cash flow $ - $ 5,738,255 $ 7,528,155 ? ? ?
Change in NWC (1,500,000) (829,500) (888,750) ? - ? - ? 3,218,250
Capital spending (17,000,000) -? -? -? -?
Total cash flow $ (18,500,000) $ 4,908,755 $ 6,639,405 $ -? $ -? ?
Cumulative cash flow $ (18,500,000.00) ? ? ? ? ?
Payback calculation ? ? ? ? ?
Net present value $ (9,571,720.84)
Internal rate of return ?
Payback period ?

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