Question: please answer in formula Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate

 please answer in formula Complete the following analysis. Do not hardcode values in your calculations. You must use the built-in Excel functionto calculate the NPV. Quad Enterprises is considering a new three-year expansion

please answer in formula

Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. 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

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