1. A proposed new investment has projected sales of $836,000. Variable costs are 56 percent of sales, and fixed costs are $187,540; depreciation is $96,500. Assume a tax rate of 40 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income $
2. Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $36,500, $66,150, $62,610, $60,480, and $43,560, respectively. The project has an initial cost of $163,520 and the required return is 8.5 percent. What is the project's NPV?
$21,680.81
$14,738.64
$13,398.76
$16,835.33
$47,940.09