XYZ Inc. is trying to decide between two projects with financial data as shown in the table below. Assuming MARR before tax = 49%, an effective Tax rate of 30%, and straight line depreciation, which Project should be selected using a Present Worth analysis ? Show ALL your calculations and do not skip steps - otherwise, marks will be deducted. Initial Cost ($) Salvage Value ($) Gross Income per year ($) Annual Expenses ($) Life span (years) Project A 60,000 7,500 50,000 12,000 5 Project B 80,000 10,000 65,000 16,000 5 A ACME Inc. has the financial data at the end of the year 2021 as shown in the below table. What is: 1. The effective total tax rate ? 2. The after tax and inflation MARR ? 3. The net income before tax ? 4. The taxes payable ? 5. The total profit after taxes ? 6. Utilizing only the data provided, what would the bank cash balance be at the end of the year after all expenses and liabilities have been paid ? Show ALL your calculations and do not skip steps - otherwise, marks will be deducted. $25,000 Bank account balance on January 1, 2021 (bank account pays 0% interest). Sales Miscellaneous revenue Utility costs Supply costs Depreciation Provincial Tax rate Federal tax rate Salaries & benefits Insurance Inflation rate MARR (before tax) $100,000 $25,000 $15,000 $40,000 $7,500 5% based on Taxable income 9% based on Taxable income $35,000 $5,000 3% 15% XYZ Inc. is trying to decide between two projects with financial data as shown in the table below. Assuming MARR before tax = 49%, an effective Tax rate of 30%, and straight line depreciation, which Project should be selected using a Present Worth analysis ? Show ALL your calculations and do not skip steps - otherwise, marks will be deducted. Initial Cost ($) Salvage Value ($) Gross Income per year ($) Annual Expenses ($) Life span (years) Project A 60,000 7,500 50,000 12,000 5 Project B 80,000 10,000 65,000 16,000 5