Question: please show answer with work A project currently generates sales of $10.8 million, variable costs equal to 50% of sales, and xed costs of $2.9

please show answer with work A project currently generates sales of

please show answer with work

A project currently generates sales of $10.8 million, variable costs equal to 50% of sales, and xed costs of $2.9 million. The firm's tax rate is 35%. a. What are the effects on the after-tax prots and cash ow, if sales increase from $10.8 million to $12 million. (Input all amounts as positive values. Do not round intermediate calculations. Enter your answers in millions rounded to 3 decimal places.) After-tax prot by $ million- cash ow by $ million. b. What are the effects on the after-tax profits and cash flow, if variable costs increase to 60% of sales. (Input all amounts as positive values. Do not round intermediate calculations. Enter your answers in millions rounded to 3 decimal places.) After-tax prot by $ million- cash ow by $ million

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