Question: 7 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $4.1 million. The fixed asset falls into

 7 Quad Enterprises is considering a new 3-year expansion project that

7 Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $4.1 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $315.000 after 3 years. The project requires an initial investment in net working capital of $450,000. The project is estimated to generate $3,600,000 in annual sales, with costs of $1.440,000. The tax rate is 24 percent and the required return on the project is 10 percent. What is the project's year net cash flow? Year cash flow 10 Joints What is the project's year 1 net cash flow? Year 1 cash flow What is the project's year 2 net cash flow? Year 2 cash flow What is the project's year 3 net cash flow? Year 3 cash flow What is the NPV? NPV

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