Brodigan corporation has provided the following information concerning a capital budgeting project: investment required in equipment $450,000 net annual operating cash inflow $220,000 tax rate 30% after-tax discount rate 12% the expected life of the project and the equipment is three years, and the equipment has zero salvage value. the company uses straightline depreciation on all equipment, and the depreciation expense on the equipment would be $150,000 per year. assume cash flows occur copyright penn foster, inc. 2018 page 13 course version: 2 at the end of the year except for the initial investments. the company takes income taxes into account in its capital budgeting. the net annual operating cash inflow is the difference between the incremental sales revenue and incremental cash operating expenses. required: what is the net present value of the project?

Yolo windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars): information on january 1 (beginning): direct materials inventory $ 89 work-in-process inventory 111 finished goods inventory 1,620 information for the year: administrative costs $ 3,610 direct labor 12,900 direct materials purchases 8,210 factory and machine depreciation 11,720 factory supervision 774 factory utilities 940 indirect factory labor 2,880 indirect materials and supplies 688 marketing costs 1,480 property taxes on factory 282 sales revenue 45,800 information on december 31 (ending): direct materials inventory $ 94 work-in-process inventory 138 finished goods inventory 1,430 required: prepare an income statement with a supporting cost of goods sold statement. (enter your answers in thousands of dollars (i. e., 234,000 should be entered as