SkinGlow Inc is a beauty company in Indonesia and has plans to release a gel moisturizer product due to high demand and the growing popularity of moisturizer. The company has projected that 3000 units will be sold in the first year, then the company forecasted a sales growth of (X + Y)% per year. The selling price of the gel moisturizer is Rp120.000 per unit. This project requires net working capital at the beginning of Rp15.000.000. Then, the net working capital needed for the following year is equal to 10% of the projected sales each year. The total fixed costs are Rp8.000.000 per year and the variable production costs per unit are 30% of the selling price. The cost of purchasing machinery is Rp200.000.000 that will be fully depreciated by the straight-line method over five years. In the next five years, this engine can be sold for about 15% of its cost. Assumed tax rate of 25% and the required rate of return is (10% + X%).

From the information above, a. Calculate the Operating Cash Flow, Changes in NWC, and Total Cash Flow of the project. b. Calculate the Net Present Value (NPV) of the project. c. Based on your previous answer, decide whether the project should be accepted or rejected.

*Notes on using X dan Y for Problem 6: The last two digits of your student number will be the X and Y value. If the value of your X is 2 and Y is 4, and the equation is (X+Y)%, then the resulting value is (2+4)% = 6%.