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please use correct excel functions the application is bery specific Laurman, Inc. Is considering a new project and has provided the detalls of the project.

please use correct excel functions the application is bery specific
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Laurman, Inc. Is considering a new project and has provided the detalls of the project. The Contioller has asked you to compute vanous capital budgeting methods to help atd in the decision to pursue the investment. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. - Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "cic4" was entered, the formulo would output the result from cell C4, or 225,000,000 in this example. - Basic Math functions: Allows you to use the basic math symbois to perform mathematical functions. You can use the following keys. + (plus sign to add). - (minus sign to subtract) " (osterisk sign to multiply), and ( (forward slash to divide) From the Excel Simulation below, if in a blank cell =-D13.D14" was entered, the formula would add the values from those cells and output the result, or 1150,000 in this example. If using the other math symbols the result would output an appropriate answer for its function. - SUM function: Allows you to refer to multiple cells and adds all the values You can add individual cell references or ranges to utilize this functon. From the Excel Simulation below, if in a blank cell "SUM(D7, D8, D9)" was entered, the formula would output the result of adding those three separate cells, or 5,500,000 in this example. Similarly, if in a blank cell "SUM(D7 D9)" was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 5,500,000 in this example - RATE function: Allows you to return the interest rate per period. The syntax of the RATE function is "=RATE(nper,pmt,pVIf(WI(lypel(guess)" and results in the percentage interest rate volue for the related inputs. The nper argument is the total number of payment periods. The pmt argument is the payment made eech period that does not change over the life of the investment and this argument must be included if the. (M) argument is not included. The pv argument is the present value, or the total amount that series of future payments is worth now. The (fvi) argument is the future value. or the cash basis to attain after the last payment is made and this argument must be included if the pmt orgument is omitted. The foypel argument is a logical value of 0 or 1 , which indicates when the poyments are due where 1 is the poyment at the beginning of the period and 0 , ts the payment at the end of the penod. Both the (F) and ( lypel values are optional arguments to have the tormula work, which is why they are surrounded by brackets in the syntax, however, these values would not be entered with brackets in the actual function. The (guess) argument is also optional and is your guess for what the rote will be, however, if omitted the system assumes a guess of 10 percent. Eoc the purposes of this Excei Simulotion. Dicoseinclude both the fomiland / fvi arguments. but leove out the /hypeland (guesslorguments from the function. Also, the prargument should be entered as negative yalue. - eV Function: Allows you to perform the mathematical present value calculation of a value. The syntax of the PV function is. "- PV(rote, nper.pmtiMlibyell" and results in the total amount that a senes of future payments is worm now atso known as the present value The rote argument is the interest rote per period. The noer argument is the total number of payment penods. The pmt argument is the payment made each period that does not change over the life of the investment and this argument must be included if the [i/] argument is not included. The [fV] argument is the future value, or the cash bosis to aftain ofter the last payment is mode and this argument must be Formatting- Table" Styles- The project would provide net operating income each year as follows: \begin{tabular}{ll|rrr} 7 & Sales & 5 & 2,750,000 \\ \hline 8 & Variable expenses & 1,600,000 \\ \hline 9 & Contribution margin & $,150,000 \end{tabular} 10 Fixed expenses: Company discount rate 18% 1. Compute the annual net cash inflow from the project. 5630,000 2. Complete the table to compute the net present value of the investment. \begin{tabular}{|l|l|l|l|} \hline 21 & \\ 22 & & \\ 23 & \\ \( \hdashline \) & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline A1 & v & fx & Laurman, Inc is considering the following project: \end{tabular} 30 Net present value 32 Use Excel's PV function to compute the present value of the future cash flows 33 Deduct the cost of the investment $2,205,000.00 34 Net present value \begin{tabular}{r|l} 36 & 3. Use Excel's RATE function to compute the project's internal rate of return \end{tabular} 22.04% 4. Compute the project's payback period. 3.5 years 5. Compute the project's simple rate of return. 12.70%

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