Q. VI {13 marks) Required Answer the following independent questions. Support your answers with clearly identified formulas and computation. a. A company's available data: Sales Net operating income Return on investment Cost of capital $2,500,000 1,500,000 25% 15% Calculate the company's total assets. b. Using the data from question VI (a), calculate the residual income. d. Calculate the net present value of a project with the following cash flows if the required rate of return is 14 percent Year 0 1 2 Cash flows $(33,680) 10,796 22,308 4,170 3 e. You are considering the following two mutually exclusive projects. The required rate of return is 13 percent for the project A and 10.5 percent for the project B. Prove with computation which the project to accept. Support your answer using NPV, IRR, cash payback period, and profitability index methods. Year 0 Proiect A $ (54,000) $ 36,300 $ 24,600 $ 9,500 Proiect B $ (78,000) $ 35,700 $ 62,800 $ 0 1 2. 3 6