Question: Please show work, prefer excel sheet with the formulas used Thank you!! Answer all Consider a project to supply Detroit with 31,000 tons of machine

Please show work, prefer excel sheet with the formulas used Thank you!! Answer all

Please show work, prefer excel sheet with the formulas used Thank you!!

Consider a project to supply Detroit with 31,000 tons of machine screws annually for automobile production. You will need an initial $6,200,000 investment in threading equipment to get the project started; the project will last for 5 years. The accounting department estimates that annual fixed costs will be $1,500,000 and that variable costs should be $285 per ton; accounting will depreciate the initial fixed asset investment straight-line to zero over the 5-year project life. It also estimates a salvage value of $875,000 after dismantling costs. The marketing department estimates that the automakers will let the contract at a selling price of $404 per ton. The engineering department estimates you will need an initial net working capital investment of $600,000. You require a return of 13 percent and face a tax rate of 24 percent on this project. Calculate the accounting, cash, and financial break-even quantities. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Cash break-even Accounting break-even Financial break-even

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