How do cash dividen. statemente?

$116,000$ gain $0\mathrm{.}6=$$$69,600$

PROBLEM FIVE: $(20\%)$

sadd to but $84$ i

The following data pertain to a $4-$year project being considered by Metro Industries:

A depreciable asset that costs $$\frac{1,200,000}{?}$ will be acquired on January $1.$ The

asset, which is expected to have a $$200,000$ market value at the end of $4$ years,

qualifies as $3-$year property under the Modified Accelerated Cost Recovery

$($astem $($MACRS$)$

The new asset will replace an existing asset that has a book value of $$150,000$ BV

and can be sold on the same January $1$ for $$180,000.$ MY

Additiont is expected to provide added annual sales of $30,000$ units at $$20.$

year.

h operating costs are: variable, $$12$ per unit; Fixed, $$90,000$ per

A $$50,000$ working capital investment that is fully recoverable at the end of

the fourth year i

Metro is subject to rouired.

a$.$ The company uses the net present value method to analyze investments. Calculate the NPV$?$

b$.$ Calculate the MIRR?

Necorlachive year. $\frac{\text{M}\text{A}\text{C}\text{R}\text{S}}{1},\frac{\text{D}\text{e}\text{p}\text{.}\text{e}\text{x}\text{p}}{0\mathrm{.}33},$

$\backslash$table$[[2,0\mathrm{.}45,540,000],[3,0\mathrm{.}15,180,000],[4,0\mathrm{.}07,84,000]]$