QUESTION $12$

Drake is considering a project with the following cash flows:

Initial Outlay: $$300,000$

Year $1$: $$134474$

Year $2$: $$141623$

Year $3$: $$74179$

Year $4$: $$103584$

Year $5$: $$57782$

The required rate of return is $8\%.$ What is the NPV of the project?

$($Do not enter the $ sign or a comma in your answer. Round your answer to $2$ decimal places.$)$

QUESTION $13$

From the following information about a project under consideration at a firm calculate the Operating Cash Flow for the project:

Selling Price per unit: $$22$

Fixed Cost per year: $$240238$

Variable Cost per Unit: $$0\mathrm{.}90$

Depreciation per year: $$111799$

The tax rate is $36\%.$ The projected number of units sold is $300,000.$

Note: We ignore interest expense $($or set it to zero$)$ while doing project analysis.

$($Do not use a $ sign or comma in your answer. Round your answer to $2$ decimal spaces.$)$

QUESTION $14$

payback period for the project?

$($Do not include 'year$/$years$\text{'},$ comma or any other text. Round your answer to $2$ decimal places.$)$