INSTRUCTION: Answer ALL questions. Total Marks 100 PART A: QUESTION 1 Basic Information: Sales: Year 1 Nil Year 2 RM 50,000 Year 3 -5 RM 60,000 Costs: Fixed cost Year 1-5 RM 6,000 Variable cost 20% of sales Investment RM 25,000 Terminal Value of Investment RM 10,000 Depreciation 10% of initial investment Please prepare the Cash Flow Statement and estimate - (a) Payback Period; (b) Net Present Value (NPV) at 10% discount rate; and (c) Internal Rate of Return for the Project. (d) Profit & Loss Statement, and (e) compute the average profit rate for the Project life