QUESTION $3$

The ABC Company is considering an expansion of its production facilities which will permit the firm to build and sell a new line of smart phones. The project requires a

$$40880466$ capital investment $($think new machine$)$ and is expected to have a three$-$year economic life. The asset will be depreciated to zero using straight line depreciation

method over the life of the project.

Other related information:

At the end of the project, the equipment can be sold for $$2190550.$

Incremental sales are projected to be $$32062895$ per year

Annual costs $($excluding depreciation$)$ are estimated to be $$4605303.$

The project requires a $$9054851$ initial investment in net working capital.

The expected tax rate is $22\%.$

The project's CASH FLOW on date $0$ is $

$($Do NOT include the $ sign or any other text. Indicate negative value with a minus sign. Enter your answer rounded to nearest integer, e$.$g$.10002)$

QUESTION $4$

The ABC Company is considering an expansion of its production facilities which will permit the firm to build and sell a new line of smart phones. The project requires a

$$42446290$ capital investment $($think new machine$)$ and is expected to have a three$-$year economic life. The asset will be depreciated to zero using straight line depreciation

method over the life of the project.

Other related information:

At the end of the project, the equipment can be sold for $$2701423.$

Incremental sales are projected to be $$33114235$ per year

Annual costs $($excluding depreciation$)$ are estimated to be $$4124105.$

The project requires a $$8052372$ initial investment in net working capital.

The expected tax rate is $28\%.$

The project's CASH FLOW on date $1$ is $

$($Do NOT include the $ sign or any other text. Indicate negative value with a minus sign. Enter your answer rounded to nearest integer, e$.$g$.10002)$