Number 5

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Feedbackpj5.docx

Feedback for Project 5 Milestone

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Submission Feedback

Overall Feedback

3/2: Early submission.

Cost of Capital Tab:

In Cell L46, Tax Rate (TC) = 34% = 26% (Federal tax rate) + 8% (State tax rate).

Payback Tab:

In Cell E37, you should use WACC calculated from Cost of Capital tab. All related calculations should be changed.

NPV and Projected After-tax Cash Flows should be the same amount of $191.1 for Year 0.

You used the incorrect formulas when calculating NPV2. All related calculations should be changed.

You did not calculate NPV value.

Budget Projections Tab:

Expense increases 2.5% = 0.025. You used the incorrect number in the related calculations.

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