I have completed all of the equations besides NPV. It doesn't show the numbers but...
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Accounting
I have completed all of the equations besides NPV. It doesn't show the numbers but they are all correct. NPV is the only one I need, please write it out in the excel formula. Thank you!!
Again just a reminder, I only need the NPV, thank you!
A B C DE Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.18 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $1.645 million in annual sales, with costs of $610,000. The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? Input area: \begin{tabular}{|lr|} \hline Asset investment & $2,180,000 \\ Estimated annual sales & $1,645,000 \\ Costs & $610,000 \\ Tax rate & 21% \\ Project and asset life & 3 \\ Required return & 12% \\ \hline \end{tabular} (Use cells A6 to B10 from the given information to complete this question.) Output area: \begin{tabular}{ll} \hline Sales & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ Costs & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ Depreciation & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ \cline { 2 - 2 } EBT & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ Taxes & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ \cline { 3 - 3 } Net income & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ OCF & \#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\#\# \\ NPV & \\ \hline \end{tabular}Get Answers to Unlimited Questions
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