What is the solution to these questions?

(a)The discounted cash flow (DCF) method is used to determine if a given project in Table Q3(a) is a good investment. Calculate the net present value and assess if the project should go ahead. Show all calculations clearly. Assume the discount rate of 5.75%.

(b) EverInno company has developed a new innovation. Discuss the possible misguided application of financial tools which can prevent the new innovation in the company from being successful.

(c) M&H is a garment company which produces a variety of garments and has many customers. Set up a strategic concept which can be used by the project managers to plan, monitor, control, analyse, and forecast project’s status, progress and performance.
 

All values in Year 0 SGD (S) Costs Benefits 70,000 0 Year 1 5,000 10,000 Year 2 5,000 15,000 Table 03(a) Year 3 5,000 30,000 Year 4 5,000 50,000