Question: Please help me . Please. I will upload . please Itsu Food Berhad, a Malaysian company based in Johor, manufactures frozen halal food which enjoys

Please help me . Please. I will upload . please

Please help me . Please. I will upload . please Itsu Food

Itsu Food Berhad, a Malaysian company based in Johor, manufactures frozen halal food which enjoys a large consumer base in many parts of the United States. In order to be closer to its U.S. market, the company is considering an investment of USD 6 million to establish a new manufacturing operation in California. The proposed factory would begin production in 2022 and have the following attributes. Attributes Sales price per unit in 2022 Yearly change in sales price (forecasted) Units of Production Yearly change in production units (forecasted) Cost of production per unit in 2022 Yearly change in production costs (forecasted) Administrative and General Expenses Rate of Depreciation WACC of Itsu Berhad Terminal Value Value USD 6.60 3.00% 1,000,000 10.00% USD 3.85 4.00% USD 100,000 10.00% 16.00% 20.00% The investment is assumed to be made on December 31, 2021 and cash flows will occur on December 31 of each succeeding year. The operations in California will pay three quarters of its accounting profit to the parent company as an annual cash dividend. The corporate tax rate in the United States is 25% compared to 30% in Malaysia. The Company's treasury department has indicated that the year ending rate for 2022 is MYR/USD 4.20 and MYR subsequently strengthens by 1.2% yearly for the next three years 2023, 2024 and 2025. Required: (a) Determine whether Itsu Food Berhad should undertake the proposed investment in the United States, showing all necessary calculations

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