Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment...

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Quad Enterprises is considering a new three-year expansionproject that requires an initial fixed asset investment of $2.37million. The fixed asset will be depreciated straight-line to zeroover its three-year tax life. The project is estimated to generate$1,780,000 in annual sales, with costs of $690,000. The projectrequires an initial investment in net working capital of $390,000,and the fixed asset will have a market value of $390,000 at the endof the project.
a. If the tax rate is 24 percent, what is the project’s Year 0 netcash flow? Year 1? Year 2? Year 3? (Do not roundintermediate calculations and enter your answers in dollars, notmillions of dollars, e.g., 1,234,567. A negative answer should beindicated by a minus sign.)
b.
If the required return is 10 percent, what is the project's NPV?(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)

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Quad Enterprises is considering a new three-year expansionproject that requires an initial fixed asset investment of $2.37million. The fixed asset will be depreciated straight-line to zeroover its three-year tax life. The project is estimated to generate$1,780,000 in annual sales, with costs of $690,000. The projectrequires an initial investment in net working capital of $390,000,and the fixed asset will have a market value of $390,000 at the endof the project.a.If the tax rate is 24 percent, what is the project’s Year 0 netcash flow? Year 1? Year 2? Year 3? (Do not roundintermediate calculations and enter your answers in dollars, notmillions of dollars, e.g., 1,234,567. A negative answer should beindicated by a minus sign.)b.If the required return is 10 percent, what is the project's NPV?(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)

a.	If the tax rate is 24 percent, what is the project’s Year 0 netcash flow? Year 1? Year 2? Year 3? (Do not roundintermediate calculations and enter your answers in dollars, notmillions of dollars, e.g., 1,234,567. A negative answer should beindicated by a minus sign.)
b.	If the required return is 10 percent, what is the project's NPV?(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)