1. The project of G-depress has the following information about the project: Assume straight-line depreciation to zero. Initial investment = $20 life = 5 years; pretax sales = $20 per year; total operating costs = 5, tax rate= 34%; no salvage value. Required NWC is $15. What is the NPV of this project if the discount rate is 11%
2. Given number calculate the net income