NO VALUES EXCEL FORMAT ONLY( EXAMPLE =DC+C6)

LIIDUDIU A1 33 D E F G points Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated on a three-year MACRS schedule. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. What is the project's Year 0 net cash flow? Year 1? Year 2? Year 3? The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? Skipped eBook 2,900,000 2,190,000 815,000 300,000 210,000 21% Print A References Asset investment Estimated annual sales $ Costs Net working capital Pretax salvage value Tax rate Project and asset life Required return MACRS percentages Year 1 Year 2 Year 3 12% 0.3333 0.4445 0.1481 ... Sheet1 ... + READY @ J -- + + 100% Hint Attempt(s) A1 33 nts Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. Skipped Sales Costs Depreciation EBT Taxes Net income eBook Print 29 Fixed asset book value in three years eferences Aftertax salvage value Sell equipment Taxes Aftertax cash flow 37 Capital spending 38 Net working capital 39 OCE ... Sheet1 ... + READY HH | | | -- + 100% Attemntis) Clipboard Font G Styles A1 33 Costs Depreciation EBT 10 points Taxes Net income Skipped Fixed asset book value in three years eBook Aftertax salvage value Sell equipment Taxes Aftertax cash flow Print References Capital spending Net working capital OCF Net cash flow 42 NPV ... Sheet1 ... + 5 @ J -- + 100% READY Attempt(s) Hint