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Spreadsheet project task Today is 1 January 2021. Jake used $200,000 to purchase a cafe business in Sydney. To operate this business, Jake needs to pay rent, maintenance costs and labour costs. Here are the details Rent will be paid by the end of each month with an amount of $2,000. Labour cost will be paid by the end of each month with an amount of $10,000. Maintenance cost will be paid by the end of each quarter with an amount of $500. Jake predicts that this cafe franchise initially can have monthly revenue of $13,000. Assume that Jake can obtain this amount by the end of each month. Jake forecasts that this revenue amount will increase at the rate of y% p.a. The revenue increase will only happen at the beginning of each year. For example, this cafe franchise initially has monthly revenue of $13,000 in 2021. Then the revenue amount will become $13,000(1+y%) per month in 2022 and $13,000(1+y%) per month in 2023. Jake assumes the value of y is the same as the Australian CPI rate for 2020. You need to use FactSet to find the Australian CPI rate for 2020. Jake plans to run this business for three year and predict that he can sell this business on 1 January 2024 with an amount of $210,000. a. Calculate the monthly net cash flows. Assume that Jack can reinvest all profit at a rate of 2% p.a. Use Goal Seek to find this reinvestment rate if Jack requires a holding period yield rate of 7.5% p.a. for this investment (from 1 January 2021 to 1 January 2024). Label this sheet as "Part a". b. Given that Jack needs to pay tax for his profit at a rate of 20% and tax is paid by end of each quarter', calculate the monthly net cash flows (Assume that Jack does not need to pay tax for the proceeds from selling the business.). Assume that Jack can reinvest all after-tax profit at a rate of r% p.a. Use For example, if Jack's tax amounts are $500, $600 and $550 for January 2021, February 2021 and March 2021 respectively, he needs make the payment of $1,650 for this quarter by the end of March 2021 Goal Seek to find this reinvestment rate if Jack requires a holding period yield rate of 7.5% p.a. for this investment (from 1 January 2021 to 1 January 2024). Label this sheet as "Part 1". c. Jack plans to use an online promotion service to boost his business from 1 January 2021 to 31 March 2021. The cost of this service is listed in the following table. Service price list Weekday (Monday to Friday except public holidays) $100 Saturday $150 Sunday and Public holidays $180 Calculate the present value of this promotion cost on 1 January 2021 by using an cffective daily interest rate of 0.01% Hint : You can use this link (https://www.industrialrelations.nsw.gov.au/public holidays/public-holidays-in-nsw/) to find the NSW public holidays for the promotion period. You can use the Weekday formula in Excel to returns the day of the week corresponding to a date. The day is given as an integer, ranging from 1 (Sunday) to 7 (Saturday), by default. d. Jako is considering to take out a loan of $10,000 to fund this promotion scrvice The bank has offered three loan options. Option 1: Jake neexis to make daily payment of $67 from 1 January 2021 to 31 May 2021 (inclusive). Option 2: Jake needs to make monthly payment of $2,028 by end of each month from January 2021 to May 2021 (inclusive) Option 3: Jake ncods to make five payments by cnd of cach month from January 2021 to May 2021 (inclusive). Jake needs to pay $1,910 for January 2021, $1,950 for February 2021 and March 2021, and $2,170 for April 2021 and May 2021. Use Goal Seek to find the implied effective annual rate (i.e, 1) charged by bank for these two three loan options (Assume that there are 365 days in a year.). Which one is better? Use a bar or column chart to compare the loan 2 repayment amount of option 2 and option 3. Plot all payments for option 2 and option 3. Label this sheet as Part. d. The deadline for Sprcadshoct Project Task (group part) submission is October 5th 2021, 9:00AM. Present your answers to the above questions in a functional Excel spreadsheet (it should be a XLSX or XLS file), giving each solution on a separate sheet (labelled Part a, Part b. Part c and Part d). Your spreadshect should be clearly labelled and easy to understand. Make sure you identify what the inputs and outputs are for each worksheet. You need to include the necessary information, c.g., title, axis titlos, ctc., in your plot. You nocd to document and describe your working steps. Note that uploading a file can take up to 10 or 15 minutes. You need to submit your file at least 20 minutes before the deadline to ensure a successful submission End 3 Spreadsheet project task Today is 1 January 2021. Jake used $200,000 to purchase a cafe business in Sydney. To operate this business, Jake needs to pay rent, maintenance costs and labour costs. Here are the details Rent will be paid by the end of each month with an amount of $2,000. Labour cost will be paid by the end of each month with an amount of $10,000. Maintenance cost will be paid by the end of each quarter with an amount of $500. Jake predicts that this cafe franchise initially can have monthly revenue of $13,000. Assume that Jake can obtain this amount by the end of each month. Jake forecasts that this revenue amount will increase at the rate of y% p.a. The revenue increase will only happen at the beginning of each year. For example, this cafe franchise initially has monthly revenue of $13,000 in 2021. Then the revenue amount will become $13,000(1+y%) per month in 2022 and $13,000(1+y%) per month in 2023. Jake assumes the value of y is the same as the Australian CPI rate for 2020. You need to use FactSet to find the Australian CPI rate for 2020. Jake plans to run this business for three year and predict that he can sell this business on 1 January 2024 with an amount of $210,000. a. Calculate the monthly net cash flows. Assume that Jack can reinvest all profit at a rate of 2% p.a. Use Goal Seek to find this reinvestment rate if Jack requires a holding period yield rate of 7.5% p.a. for this investment (from 1 January 2021 to 1 January 2024). Label this sheet as "Part a". b. Given that Jack needs to pay tax for his profit at a rate of 20% and tax is paid by end of each quarter', calculate the monthly net cash flows (Assume that Jack does not need to pay tax for the proceeds from selling the business.). Assume that Jack can reinvest all after-tax profit at a rate of r% p.a. Use For example, if Jack's tax amounts are $500, $600 and $550 for January 2021, February 2021 and March 2021 respectively, he needs make the payment of $1,650 for this quarter by the end of March 2021 Goal Seek to find this reinvestment rate if Jack requires a holding period yield rate of 7.5% p.a. for this investment (from 1 January 2021 to 1 January 2024). Label this sheet as "Part 1". c. Jack plans to use an online promotion service to boost his business from 1 January 2021 to 31 March 2021. The cost of this service is listed in the following table. Service price list Weekday (Monday to Friday except public holidays) $100 Saturday $150 Sunday and Public holidays $180 Calculate the present value of this promotion cost on 1 January 2021 by using an cffective daily interest rate of 0.01% Hint : You can use this link (https://www.industrialrelations.nsw.gov.au/public holidays/public-holidays-in-nsw/) to find the NSW public holidays for the promotion period. You can use the Weekday formula in Excel to returns the day of the week corresponding to a date. The day is given as an integer, ranging from 1 (Sunday) to 7 (Saturday), by default. d. Jako is considering to take out a loan of $10,000 to fund this promotion scrvice The bank has offered three loan options. Option 1: Jake neexis to make daily payment of $67 from 1 January 2021 to 31 May 2021 (inclusive). Option 2: Jake needs to make monthly payment of $2,028 by end of each month from January 2021 to May 2021 (inclusive) Option 3: Jake ncods to make five payments by cnd of cach month from January 2021 to May 2021 (inclusive). Jake needs to pay $1,910 for January 2021, $1,950 for February 2021 and March 2021, and $2,170 for April 2021 and May 2021. Use Goal Seek to find the implied effective annual rate (i.e, 1) charged by bank for these two three loan options (Assume that there are 365 days in a year.). Which one is better? Use a bar or column chart to compare the loan 2 repayment amount of option 2 and option 3. Plot all payments for option 2 and option 3. Label this sheet as Part. d. The deadline for Sprcadshoct Project Task (group part) submission is October 5th 2021, 9:00AM. Present your answers to the above questions in a functional Excel spreadsheet (it should be a XLSX or XLS file), giving each solution on a separate sheet (labelled Part a, Part b. Part c and Part d). Your spreadshect should be clearly labelled and easy to understand. Make sure you identify what the inputs and outputs are for each worksheet. You need to include the necessary information, c.g., title, axis titlos, ctc., in your plot. You nocd to document and describe your working steps. Note that uploading a file can take up to 10 or 15 minutes. You need to submit your file at least 20 minutes before the deadline to ensure a successful submission End 3