The purpose of this part of the assignment is to use the tools we covered throughout the course to determine if a project is desirable Youll begin by constructing a proforma income statement using the information given to estimate the cash flows of the project After youve done that youll estimate the cost of capital and finally youll use the tools of capital budgeting NPV IRR etc to determine if the project is desirable Aguilera Acoustics Inc AAI projects unit sales for a new sevenoctave voice