Question: Please show calculations for all excel formulas Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9

 Please show calculations for all excel formulas Quad Enterprises is consideringa new three-year expansion project that requires an initial fixed asset investment

Please show calculations for all excel formulas

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 straight-line to zero over its three-year tax life. 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 O 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? $ $ Asset investment Estimated annual sales Costs Net working capital Pretax salvage value Tax rate Project and asset life Required return 2,900,000 2,190,000 815,000 300,000 210,000 21% 3 12% $ Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Sycol function to calculate the NDV Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. Aftertax salvage value Sell equipment Taxes Aftertax cash flow 210,000 (44,100) $ 2,190,000 815,000 Sales Costs Depreciation EBT Taxes Net income 2,190,000 $ 815,000 966,667 408,333 85,750 322,583 $ Capital spending Net working capital OCF Net cash flow NPV

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