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Wow Mart: WowMart, a regional retail company, needs to evaluate the profitability of a proposed location that would be leased for 5 years. The Excel
Wow Mart: WowMart, a regional retail company, needs to evaluate the profitability of a proposed location that would be leased for 5 years. The Excel spreadsheet named "WowMart" contains the financial details of the retailer and its 5-year projection of sales and income. Use Scenario Manager in Excel to evaluate the cumulative discounted cash flow for the fifth year under these scenarios: Scenario 1 Scenario 2 Scenario 3 Sales Revenue (Year 1) $600,000 $300,000 $100,000 Sales Growth 696 896 9% Cost of sales (Year 1) 9096 7596 8596 Cost Growth 1196 10% 896 Interest Rate 596 296 Based on the results, what is the highest NPV produced by the best scenario out of these three and the original scenarios? (enter numeric digit(s) with up to 2 decimal places; do not use any comma, space or other unnecessary symbols). 3%
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