Question: plz help 3 experts have gotten wrong so far Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment

Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $2.862 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $222,600. The project requires an initial investment in net working capital of $318,000. The project is estimated to generate $2,544,000 in annual sales, with costs of $1,017,600. The tax rate is 24 percent and the required return on the project is 11 percent. What is the project's Year 0 net cash flow? Year 0 cash flow $-3,180,000 What is the project's Year 1 net cash flow? Year 1 cash flow 1,389,024 What is the project's Year 2 net cash flow? Year 2 cash flow 1,389,024 What is the project's Year 3 net cash flow? Year 3 cash flow What is the NPV? NPV $570,597 $(745.064) 1
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