Answer the question with the requirements please All the formula you need to use you will find it in the 2nd picture

QUESTION 2 [15] MagicMedia Ltd is considering two mutually exclusive projects. Project A costs R50m and will generate a net cash flow of R20m per year for four years. Project B costs R68m and will generate a net cash flow of R27m per year for four years. The residual value of either project at the end of four years is expected to be 30% of cost. The depreciation deduction is 20% per year on a straight-line basis. The cost of capital is 11% and the corporate tax rate is 28%. Which project should you select? PVA PMT PVA-PAT. er.cp-4 Return on miested Capital - EBIT invested Capital Asset turner operating assets FVAdue - PMTX x(4+"pet-4-- (1+RY NPV E-IRR profit PV Aue - PNT X -- {1+ (open) BOE OT PX(R-R) ROCE net operating profir after tax het operating sets EBIT NOPAT MPAT ROA Total assets total assets total assets Cash flow to total de cash flow from operations total debe EBIT S-VC DOL 3 - VC- Cross profit margin-rous profit sales Met income to sales from continuing) operations Dividend yield- dividend per share price per share Earnings yield I share prior per share OFL ERITI DILDOLX OFE CPU total contribution total sales FC Break En CPU Current assets Current ratio Currenties Quick rette current arsets - Inventory current liabilities wentary tumor cost of sales sales intory Deltor period accounts receiveable sales/365 trade and other payables Creditor period cost of sales/365 sales Total Power operating assets debe Debat total assets total delit RR Share EVA - NOPAT-(WACC x invested Capital) Delete spuity cotal equity Raw material inwentary days (Rew material inventory/Purchases) 365 days . Work in progress inventory days (WIP inventory/Cost of Sales) x 365 days Finished goods inventory days Finished goods intry/cort of sales) x 365 days Debtors days (Debters/Sales) 365 days Creditors days - (Creditors/Purchases) * 365 days EBIT Times interest earned interest EBITDA coverage EBIT + depreciation + amortisation Interest sales Fixed asset to