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Problem 11-27 Scenario Analysis [LO2] 2 Consider a project to supply Detroit with 27,000 tons of machine screws annually for automobile production. You will need

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Problem 11-27 Scenario Analysis [LO2] 2 Consider a project to supply Detroit with 27,000 tons of machine screws annually for automobile production. You will need an initial $4600,000 investment in threading equipment to get the project started; the project will last for 5 years. The accounting department estimates that annual fixed costs will be $1100,000 and that variable costs should be $205 per ton; accounting will depreciate the initial fixed asset investment straight-ine to zero over the 5-year project life. it also estimates a salvage value of $475,000 after dismantling costs. The marketing department estimates that the akers will let the contract at a selling price of $308 per ton. The engineering department estimates you will need an initial net working capital investment of $440,000. You require a return of 12 percent and face a tax rate of 23 percent on this project a-1.What is the estimated OCF for this project? (Do not round intermediate calculations d round your answer to the nearest whole number, e.g., 32.) a- What is the estimated NPV for this project? (Do not round intermediate calculations 2. and round your answer to 2 decimal places, e.g.. 32.16.) b. Suppose you believe that the accounting department's initial cost and salvage value projections are accurate only to within #5 percent; the marketing department's price estimate is accurate only to within +10 percent: and the engineering department's net working capital estimate is accurate only to within +15 percent. What areyour worst- case and best-case NPVs for this project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a-1. OCF a-2 b. Worst-case NPV NPV Best-case NPV Mc Prev 2 of 4EE Next >

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