Please see the attached

Inbox - brittanycruell@gmail.com x https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fle. G pter 9 Homework i Saved Help Save & Exit Check my Quick Computing currently sells 9 million computer chips each year at a price of $11 per chip. It is about to introduce a new chip, and it forecasts annual sales of 27 million of these improved chips at a price of $14 each. However, demand for the old chip will decrease, and sales of the old chip are expected to fall to 2 million per year. The old chips cost $6 each to manufacture, and the new ones will cost $10 each. What is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (Enter your answer in millions.) eBook Cash flow million Hint Print 1 of 15 Next > Frew Fi L O be here to searchvallaunchUrl=https%253A%252F%252Fle... Homework i Saved Help Save & Exit 10 Check Quick Computing installed its previous generation of computer chip manufacturing equipment 3 years ago. Some of that older equipment will become unnecessary when the company goes into production of its new product. The obsolete equipment, which originally cost $36.00 million, has been depreciated straight-line over an assumed tax life of 5 years, but it can be sold now for $17.20 million. The firm's tax rate is 30%. What is the after-tax cash flow from the sale of the equipment? (Enter your answer in millions points rounded to 1 decimal place.) Book After-tax cash flow million Print Mc Hill L O i Type here to searchhttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fle... G Chapter 9 Homework i Saved Help Save & E 11 Chec Bottoms Up Diaper Service is considering the purchase of a new industrial washer. It can purchase the washer for $6,900 and sell its old washer for $2,100. The new washer will last for 6 years and save $1,900 a year in expenses. The opportunity cost of capital is 18%, and the firm's tax rate is 21%. points a. If the firm uses straight-line depreciation over a 6-year life, what are the cash flows of the project in years 0 to 6? The new washer will have zero salvage value after 6 years, and the old washer is fully depreciated. (Negative amounts should be indicated by a minus sign.) Book b. What is project NPV? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What is NPV if the firm investment is entitled to immediate 100% bonus depreciation? (Do not round intermediate calculations. Print Round your answer to 2 decimal places.) Annual operating cash flow in year 0 a. Annual operating cash flow in years 1 to 6 b. NPV C. NPV Prev 11 of 15 Next > Type here to search OHiSaved Help 12 Canyon Tours showed the following components of working capital last year. Beginning of End of Year Year nts Accounts receivable Inventory $ 25, 200 $ 23, 600 Accounts payable 12, 600 13 , 700 15, 100 17,700 eBook Print a. What was the change in net working capital during the year? (A negative amount should be indicated by a minus sign.) Change in net working capital b. If sales were $36,600 and costs were $24,600, what was cash flow for the year? Ignore taxes Cash flow Mc Graw L pe here to searchpter 9 Homework 70232Fle... Saved Help Save & 2 Che Tubby Toys estimates that its new line of rubber ducks will generate sales of $7.40 million, operating costs of $4.40 million, and a depreciation expense of $1.40 million. If the tax rate is 40%, what is the firm's operating cash flow? (Do not round your intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) nts Firm's operating cash flow million eBook Print Mc O E L Type here to searchSaved Help Save & Exit Check my Laurel's Lawn Care Lid., has a new mower line that can generate revenues of $177,000 per year. Direct production costs are $59,000, and the fixed costs of maintaining the lawn mower factory are $24,500 a year. The factory originally cost $1.18 million and is being depreciated for tax purposes over 20 years using straight-line depreciation. Calculate the operating cash flows of the project if the firm's tax bracket is 25%. (Enter your answer in dollars not in millions.) Operating cash flows e Book Print Prey 4 of 15 L O pe here to searcheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fle... ter 9 Homework G Saved Help Save & Exit Submit Check my work Gluon Inc. is considering the purchase of a new high pressure glueball. It can purchase the glueball for $100,000 and sell its old low- pressure glueball, which is fully depreciated, for $18,000. The new equipment has a 10-year useful life and will save $22,000 a year in expenses. The opportunity cost of capital is 10%, and the firm's tax rate is 21%. What is the equivalent annual saving from the purchase if Gluon can depreciate 100% of the investment immediately. (Do not round intermediate calculations. Round your answer to 2 decimal places.) eBook Equivalent annual savings Hint Print 10:49 A 11/17/2 L O Type here to searchSaved Help Save & Exit Subm 9 Check my work Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $5.4 million. The equipment will be depreciated straight line over 6 years to a value of zero, but in fact it can be sold after 6 years for $527,000. The firm believes that working capital at each date must be maintained at a level of 10% of next year's forecast sales. The firm estimates points production costs equal to $1.10 per trap and believes that the traps can be sold for $5 each. Sales forecasts are given in the following table. The project will come to an end in 6 years, when the trap becomes technologically obsolete. The firm's tax bracket is 35%, and the required rate of return on the project is 9%. Use the MACRS depreciation schedule. eBook Year : Sales (millions of traps) 0.5 0.7 0.9 0 .9 6 Thereafter Print 0.6 0.4 a. What is project NPV? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in millions rounded to 4 decimal places.) NPV million b. By how much would NPV increase if the firm depreciated its investment using the 5-year MACRS schedule? (Do not round intermediate calculations. Enter your answer in whole dollars not in millions.) The NPV increases by Mc 10:50 Graw L Z O 11/17/2 Type here to search O