Question: Dont worry about the formula sheet. I just need the answer and the equation you used to get it. 8. Problem (4 parts) University Parking,


Dont worry about the formula sheet. I just need the answer and the equation you used to get it.
8. Problem (4 parts) University Parking, LLC is looking at a new app to manage open parking spots, with an installed cost of $755,000. This cost will be depreciated straight-line to zero over the project's 7-year life, and at the end of which the app can be salvaged for $105,000. The new app will generate Operating Cash Flow (OCF) of $194,214 per year. The app also requires an initial investment in Net Working Capital of $75,000, that will be returned at the end of the project. 32 If the tax rate is 25% and the discount rate is 8%. a. What is the Net Present Value of this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) a. NPV b. What is the formula used to calculate Net Present Value (a)? (Write the number of the formula from the formula sheet) b Formula used to calculate part(a) c. What is the value used for Net Salvage Cash Flow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) c. Net Salvage Cash Flow c. What is the value used for Net Salvage Cash Flow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) c. Net Salvage Cash Flow d. What is the formula used to calculate Net Salvage Cash Flow (c)? (Write the number of the formula from the formula sheet) d. Formula used to calculate part (0)
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