Question: * * * PLEASE DISPLAY THIS QUESTION ON EXCEL - - show all formulas for the relevant cells! Given that Ella needs to pay tax

***PLEASE DISPLAY THIS QUESTION ON EXCEL -- show all formulas for the relevant cells! Given that Ella needs to pay tax for her profit at a rate of 20% and tax is paid
by the end of each quarter1
, calculate the monthly net cash flows (Assume
that Ella does not need to pay tax for the proceeds from selling the business.).
Assume that Ella can reinvest all after-tax profit at a rate of 4.8% p.a. Use
Goal Seek to find revenue increasing rate y% p.a. if Ella requires a holding
period yield rate of 7.5% p.a. for this investment (from 1 January 2024 to 1
January 2027). Label this sheet as Part b.

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