Question: 2. This is the Excel portion of the comprehensive assignment: You're given a project that last 8 years. The project is a bike-share manufacturing plan.
2. This is the Excel portion of the comprehensive assignment: You're given a project that last 8 years. The project is a bike-share manufacturing plan. Projected unit sales, price and variable cost per unit are as follow: Initial capital investment is $900,000. You also assign $28,000 of fixed cost a year, with depreciation method of 7-year MACRS, and 25% tax rate. The initial NWC is $42,900 and 15% of sales thereafter. The fixed asset (machines) can be sold for $110,000 at the end of the project. If the discount rate is 13%, should you invest in the project? The unit sold, price and variable cost (VC) are as follow: Create a pro forma financial statement that is similar to the ones you see in the textbook and tutorial video, with OCF, FCF and NPV calculation clearly displayed
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