1.COM z Chapter 12 Get Homework Help With Chege Study Chego Cet Homework Help With Chege Study Chess Get Homework Help With Chege Study Chey uiz Chapter 12 Saved Help Save Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Ret 3 You are evaluating a project for The Ultimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Ultimate to be $360 per unit and sales volume to be 1.000 units in year 1: 1250 units in year 2, and 1,325 units in year 3. The project has a 3-year life. Variable costs amount to $205 per unit and fixed costs are $100,000 per year. The project requires an initial investment of $153,000 in assets, which will be depreciated on a straight-line basis with a life of 3 years. The actual market value of these assets at the end of year 3 is expected to be $31,000. NWC requirements at the beginning of each year will be approximately 20 percent of the projected sales during the coming year. The tax rate is 39 percent and the required return on the project is 12 percent. (Use Table 12.7 What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Year Total cash flow Answer is complete but not entirely correct. 0 S (225,000.00) 35,440.00 $ 71,077.50 $ 210.568.00 1.COM z Chapter 12 Get Homework Help With Chege Study Chego Cet Homework Help With Chege Study Chess Get Homework Help With Chege Study Chey uiz Chapter 12 Saved Help Save Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Ret 3 You are evaluating a project for The Ultimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Ultimate to be $360 per unit and sales volume to be 1.000 units in year 1: 1250 units in year 2, and 1,325 units in year 3. The project has a 3-year life. Variable costs amount to $205 per unit and fixed costs are $100,000 per year. The project requires an initial investment of $153,000 in assets, which will be depreciated on a straight-line basis with a life of 3 years. The actual market value of these assets at the end of year 3 is expected to be $31,000. NWC requirements at the beginning of each year will be approximately 20 percent of the projected sales during the coming year. The tax rate is 39 percent and the required return on the project is 12 percent. (Use Table 12.7 What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Year Total cash flow Answer is complete but not entirely correct. 0 S (225,000.00) 35,440.00 $ 71,077.50 $ 210.568.00