Question

We are evaluating a project that costs $679337, has a five-year life, and has no salvage value. Assume that

depreciation is straight-line to zero over the life of the project. Sales are projected at 49127 units per year. Price per unit is $49, variable cost per unit is $24, and fixed costs are $529370 per year. The tax rate is 30%, and we require a return of 20% on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within ±10 percent.What is the Best Case NPV?  Answer is 2099225 please show you work as I am trying to figure out where I went wrong in my formulas.

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