The variable materials cost is : $12.

14 per unit
The variable labor cost is : $6.89 per unit
Variable cost per unit $19.03 per unit

Fixed costs $845,000

Total production 210,000 units
Total costs $4,841,300

Selling price $49.99 per unit

Depreciation $450,000
The cash break-even 27,293.28 units
The accounting break-even 41,828.17 units
Variable raw material costs $45.17
Variable labor expense $29.73
The shoes sell for $210 per pair
Production 155,000 pairs
Fixed costs $2,150,000
Total production costs $13,759,500
The marginal cost per pair $74.90 per unit
One-time order for an extra 5,000 pairs
Average cost $88.77
Minimum acceptable total revenue $374,500
Price $1,037 per unit
Variable costs $437 per unit
Fixed costs $4,312,500
Quantity 76,500 units
Scenario Summary
Current Values: The Best-Case Scenario
Changing Cells:
Price $1,037 $1,403
Variable costs $437 $323
Fixed costs $4,312,500 $3,187,500
Quantity 76,500 103,500

Notes: Current Values column represents values of changing cells at

time Scenario Summary Report was created. Changing cells for each
scenario are highlighted in gray.
The Worst-Case Scenario

$1,037
$437
$4,312,500
76,500
Initial investment ($845,000) Quantity
NPER 8 years
Depreciation $105,625 40000
Sales are projected 51,000 per year 41000
Price per unit $53 42000
Variable cost per unit $27 43000
Fixed costs $950,000 per year 44000
The tax rate 22% 45000
Require a return 10% 46000
47000
The accounting break-even 40,600.96 units 48000
The DOL at the accounting break-even is: 9.994 49000
OCF $316,518 50000
NPV $843,597.50 51000
NPV_drop 500 units $54,096.15 52000
53000
54000
55000
56000
57000
58000
59000
60000
 NPV ∆NPV/∆Q VC OCF ∆OCF/∆VC
$843,597.50 $316,517.50
($346,517.83) 20 $594,977.50
($238,325.53) $108.19 21 $555,197.50 ($39,780)
($130,133.23) $108.19 22 $515,417.50 ($39,780)
($21,940.92) $108.19 23 $475,637.50 ($39,780)
$86,251.38 $108.19 24 $435,857.50 ($39,780)
$194,443.68 $108.19 25 $396,077.50 ($39,780)
$302,635.99 $108.19 26 $356,297.50 ($39,780)
$410,828.29 $108.19 27 $316,517.50 ($39,780)
$519,020.59 $108.19 28 $276,737.50 ($39,780)
$627,212.90 $108.19 29 $236,957.50 ($39,780)
$735,405.20 $108.19 30 $197,177.50 ($39,780)
$843,597.50 $108.19 31 $157,397.50 ($39,780)
$951,789.81 $108.19 32 $117,617.50 ($39,780)
$1,059,982.11 $108.19 33 $77,837.50 ($39,780)
$1,168,174.41 $108.19 34 $38,057.50 ($39,780)
$1,276,366.72 $108.19 35 ($1,722.50) ($39,780)
$1,384,559.02 $108.19 36 ($41,502.50) ($39,780)
$1,492,751.32 $108.19 37 ($81,282.50) ($39,780)
$1,600,943.63 $108.19 38 ($121,062.50) ($39,780)
$1,709,135.93 $108.19 39 ($160,842.50) ($39,780)
$1,817,328.23 $108.19 40 ($200,622.50) ($39,780)
Scenario Summary
Current Values: The Best-Case Scenario
Changing Cells:
Depreciation $105,625 $105,625
Sales are projected 51,000 56,100
Price per unit $53 $58
Variable cost per unit $27 $24
Fixed costs $950,000 $855,000
Result Cells:
OCF $316,518 $844,109.50
NPV $843,597.50 $3,658,261.89
Notes: Current Values column represents values of changing cells at
time Scenario Summary Report was created. Changing cells for each
scenario are highlighted in gray.
The Worst-Case Scenario

$105,625
45,900
$48
$30
$1,045,000

($147,426.50)
($1,631,509.50)
Unit Price Unit Variable Cost Fixed Costs Depreciation Accounting Break-Even Cash Break-Even
$2,980 $1,640 $7,200,000 $2,900,000 7,537.31 5,373.13
$44 $39 $275,000 $183,000 91,600 55,000
$8 $3 $5,800 $1,100 1,380 1,160
Accounting Break-Even Unit Price Unit Variable Cost Fixed Costs Depreciation
143,286 $39 $30 $820,000 $469,574
104,305.16 $58.59 $27 $2,320,000 $975,000
24,640 $92 $77.16 $237,000 $128,700
Price $53 per unit
Variable costs $22 per unit
Fixed costs $31,460
Required return 12%
Initial investment ($46,200)
NPER 4 years
Depreciation $11,550
Accounting break-even 1,387.42 units
Cash break-even 1,014.84 units
OCF $15,210.63
NPV 46,200
EAC 15,210.63
Financial break-even 1,505.50 units
DOL 3.068
Accounting break-even quantity 14302.70 units
Cash break-even quantity $9,701.85 units
NPER 5 years
Fixed costs $205,000
Variable costs $19 per unit
Required return 12%
Price $40.13
Depreciation $97,216
Initial investment $486,080
OCF $134,843.32
NPV $0.00
EAC $134,843.32
Financial break-even quantity 16,083.45 units
At an output level of 40000 units
Operating leverage 3.19
If output rises to 44000 units
%∆OCF 31.90%

Fixed costs $183,000

DOL 3.19
OCF $83,562
Quantity sold 38000 units
%∆Q -5%
%∆OCF -15.95%
New OCF $70,234
New DOL 3.606
Fixed costs $76,000
The operating cash flow at 9,200 units is : $108,700
DOL 1.699
%∆Q 8.70%
%∆OCF 14.78% 14.78%
New OCF $124,760.87
New DOL 1.609
At an output level of 14500 units
DOL 3.41
OCF $81,000
Fixed costs $195,210
%∆Q 6.90%
%∆OCF 23.52%
New OCF $100,048.97
New DOL 2.951

%∆Q -6.90%
%∆OCF -23.52%
New OCF $61,951.03
New DOL 4.151
NPER 4 years Quantity
Initial fixed asset investment ($655,000)
Depreciation $163,750 50000
Price $28 51000
VC $16 52000
FC $245,000 53000
Quantity sold 61000 units 54000
Tax rate 21% 55000
OCF $419,117.50 56000
57000
At 61,000 units, the DOL is: $1.58 58000
Accounting break-even level, the DOL is: $2.50 59000
60000
61000
62000
63000
64000
65000
66000
67000
68000
69000
70000
 OCF ∆OCF/∆Q
$419,117.50
$314,837.50
$324,317.50 $9.48
$333,797.50 $9.48
$343,277.50 $9.48
$352,757.50 $9.48
$362,237.50 $9.48
$371,717.50 $9.48
$381,197.50 $9.48
$390,677.50 $9.48
$400,157.50 $9.48
$409,637.50 $9.48
$419,117.50 $9.48
$428,597.50 $9.48
$438,077.50 $9.48
$447,557.50 $9.48
$457,037.50 $9.48
$466,517.50 $9.48
$475,997.50 $9.48
$485,477.50 $9.48
$494,957.50 $9.48
$504,437.50 $9.48
The project will cost ($1,675,000) FC
NPER 4 years
Depreciation $418,750 $450,000
Sales are projected at 195 units per year $455,000
Price $16,300 per unit $460,000
VC $9,400 $465,000
FC $550,000 $470,000
Required return 12% $475,000
Tax rate 21% $480,000
OCF $716,383 $485,000
NPV $500,903.92 $490,000
$495,000
Cash Break-Even Level 63.58 units $500,000
OCF $0.00 $505,000
Accounting Break-Even Level 140.40 units $510,000
OCF $418,750 $515,000
NPV $0 $520,000
DOL at Acc-Break-Even 2.31 $525,000
EAC $551,467.68 $530,000
Financial break even Level 164.75 units $535,000
OCF $551,467.68 $540,000
NPV $0 $545,000
$550,000
$555,000
$560,000
$565,000
$570,000
$575,000
$580,000
$585,000
$590,000
$595,000
$600,000
$605,000
$610,000
$615,000
$620,000
$625,000
$630,000
$635,000
$640,000
$645,000
$650,000
$655,000
$660,000
$665,000
$670,000
$675,000
$680,000
$685,000
$690,000
$695,000
$700,000
 OCF NPV ∆OCF/∆FC ∆NPV/∆FC
$716,382.50 $500,903.92
$795,382.50 $740,854.52
$791,432.50 $728,856.99 ($0.79) ($2.40)
$787,482.50 $716,859.46 ($0.79) ($2.40)
$783,532.50 $704,861.93 ($0.79) ($2.40)
$779,582.50 $692,864.40 ($0.79) ($2.40)
$775,632.50 $680,866.87 ($0.79) ($2.40)
$771,682.50 $668,869.34 ($0.79) ($2.40)
$767,732.50 $656,871.81 ($0.79) ($2.40)
$763,782.50 $644,874.28 ($0.79) ($2.40)
$759,832.50 $632,876.75 ($0.79) ($2.40)
$755,882.50 $620,879.22 ($0.79) ($2.40)
$751,932.50 $608,881.69 ($0.79) ($2.40)
$747,982.50 $596,884.16 ($0.79) ($2.40)
$744,032.50 $584,886.63 ($0.79) ($2.40)
$740,082.50 $572,889.10 ($0.79) ($2.40)
$736,132.50 $560,891.57 ($0.79) ($2.40)
$732,182.50 $548,894.04 ($0.79) ($2.40)
$728,232.50 $536,896.51 ($0.79) ($2.40)
$724,282.50 $524,898.98 ($0.79) ($2.40)
$720,332.50 $512,901.45 ($0.79) ($2.40)
$716,382.50 $500,903.92 ($0.79) ($2.40)
$712,432.50 $488,906.39 ($0.79) ($2.40)
$708,482.50 $476,908.86 ($0.79) ($2.40)
$704,532.50 $464,911.33 ($0.79) ($2.40)
$700,582.50 $452,913.80 ($0.79) ($2.40)
$696,632.50 $440,916.27 ($0.79) ($2.40)
$692,682.50 $428,918.74 ($0.79) ($2.40)
$688,732.50 $416,921.21 ($0.79) ($2.40)
$684,782.50 $404,923.68 ($0.79) ($2.40)
$680,832.50 $392,926.15 ($0.79) ($2.40)
$676,882.50 $380,928.62 ($0.79) ($2.40)
$672,932.50 $368,931.09 ($0.79) ($2.40)
$668,982.50 $356,933.56 ($0.79) ($2.40)
$665,032.50 $344,936.03 ($0.79) ($2.40)
$661,082.50 $332,938.50 ($0.79) ($2.40)
$657,132.50 $320,940.97 ($0.79) ($2.40)
$653,182.50 $308,943.44 ($0.79) ($2.40)
$649,232.50 $296,945.91 ($0.79) ($2.40)
$645,282.50 $284,948.38 ($0.79) ($2.40)
$641,332.50 $272,950.85 ($0.79) ($2.40)
$637,382.50 $260,953.32 ($0.79) ($2.40)
$633,432.50 $248,955.79 ($0.79) ($2.40)
$629,482.50 $236,958.26 ($0.79) ($2.40)
$625,532.50 $224,960.73 ($0.79) ($2.40)
$621,582.50 $212,963.20 ($0.79) ($2.40)
$617,632.50 $200,965.67 ($0.79) ($2.40)
$613,682.50 $188,968.14 ($0.79) ($2.40)
$609,732.50 $176,970.61 ($0.79) ($2.40)
$605,782.50 $164,973.08 ($0.79) ($2.40)
$601,832.50 $152,975.55 ($0.79) ($2.40)
$597,882.50 $140,978.02 ($0.79) ($2.40)
Scenario Summary
Current Values: The Best-Case Scenario
Changing Cells:
Depreciation $418,750 $418,750
Sales are projected at 195 215
Price $16,300 $17,930
VC $9,400 $8,460
FC $550,000 $495,000
Result Cells:
OCF $716,383 $1,301,626
NPV $500,903.92 $2,278,493.94
Notes: Current Values column represents values of changing cells at
time Scenario Summary Report was created. Changing cells for each
scenario are highlighted in gray.
The Worst-Case Scenario

$418,750
176
$14,670
$10,340
$605,000

$210,320
($1,036,183.62)
Price new clubs $815 per set 0
VC $365 per set 1
Sales 55000 sets per year 2
FC for all $9,450,000 per year 3
Sales High-priced clubs -10000 sets 4
Sales cheap clubs 12000 sets 5
NPER 7 years 6
Price High-priced clubs $1,345 per set 7
VC High-priced clubs $730 per set
Price cheap clubs $445 per set
VC cheap clubs $210 per set
The plant and equipment cost ($39,200,000)
Depreciation $5,600,000 per year
Investment in NWC ($1,850,000)
Tax rate 25%
Cost of capital 10%

Sales new clubs $44,825,000

Sales High-priced clubs ($13,450,000)
Sales cheap clubs $5,340,000
Total $36,715,000

VC new clubs $20,075,000

VC High-priced clubs ($7,300,000)
VC cheap clubs $2,520,000
Total $15,295,000

Sales $36,715,000
Variable costs 15,295,000
Fixed costs 9,450,000
Depreciation 5,600,000
EBIT $6,370,000
Taxes 1,592,500
Net income $4,777,500
OCF $10,377,500

Payback period 3.777 years

NPV $10,421,358.80
IRR 17.22%

OCF $10,377,500
NPV $10,421,358.80
-$41,050,000 Price NPV ∆NPV/∆price Quantity
$10,377,500 $10,421,358.80
$10,377,500 $750 ($2,632,089.16) 45000
$10,377,500 $755 ($1,627,977.77) $200,822.28 46000
$10,377,500 $760 ($623,866.39) $200,822.28 47000
$10,377,500 $765 $380,244.99 $200,822.28 48000
$10,377,500 $770 $1,384,356.37 $200,822.28 49000
$12,227,500 $775 $2,388,467.75 $200,822.28 50000
$780 $3,392,579.13 $200,822.28 51000
$785 $4,396,690.51 $200,822.28 52000
$790 $5,400,801.89 $200,822.28 53000
$795 $6,404,913.27 $200,822.28 54000
$800 $7,409,024.66 $200,822.28 55000
$805 $8,413,136.04 $200,822.28 56000
$810 $9,417,247.42 $200,822.28 57000
$815 $10,421,358.80 $200,822.28 58000
$820 $11,425,470.18 $200,822.28 59000
$825 $12,429,581.56 $200,822.28 60000
$830 $13,433,692.94 $200,822.28 61000
$835 $14,437,804.32 $200,822.28 62000
$840 $15,441,915.71 $200,822.28 63000
$845 $16,446,027.09 $200,822.28 64000
$850 $17,450,138.47 $200,822.28 65000
$855 $18,454,249.85 $200,822.28 66000
$860 $19,458,361.23 $200,822.28 67000
$865 $20,462,472.61 $200,822.28 68000
$870 $21,466,583.99 $200,822.28 69000
$875 $22,470,695.37 $200,822.28 70000
$880 $23,474,806.75 $200,822.28 71000
$885 $24,478,918.14 $200,822.28 72000
$890 $25,483,029.52 $200,822.28 73000
$895 $26,487,140.90 $200,822.28 74000
$900 $27,491,252.28 $200,822.28 75000
76000
77000
78000
79000
80000
 NPV ∆NPV/∆Q
$10,421,358.80
($6,009,554.71)
($4,366,463.36) $1,643.09
($2,723,372.01) $1,643.09
($1,080,280.66) $1,643.09
$562,810.69 $1,643.09
$2,205,902.04 $1,643.09
$3,848,993.40 $1,643.09
$5,492,084.75 $1,643.09
$7,135,176.10 $1,643.09
$8,778,267.45 $1,643.09
$10,421,358.80 $1,643.09
$12,064,450.15 $1,643.09
$13,707,541.50 $1,643.09
$15,350,632.85 $1,643.09
$16,993,724.20 $1,643.09
$18,636,815.55 $1,643.09
$20,279,906.91 $1,643.09
$21,922,998.26 $1,643.09
$23,566,089.61 $1,643.09
$25,209,180.96 $1,643.09
$26,852,272.31 $1,643.09
$28,495,363.66 $1,643.09
$30,138,455.01 $1,643.09
$31,781,546.36 $1,643.09
$33,424,637.71 $1,643.09
$35,067,729.06 $1,643.09
$36,710,820.41 $1,643.09
$38,353,911.77 $1,643.09
$39,997,003.12 $1,643.09
$41,640,094.47 $1,643.09
$43,283,185.82 $1,643.09
$44,926,277.17 $1,643.09
$46,569,368.52 $1,643.09
$48,212,459.87 $1,643.09
$49,855,551.22 $1,643.09
$51,498,642.57 $1,643.09
Scenario Summary
Current Values: The Best-Case Scanario The Worst-Case Scenario
Changing Cells:
Price new clubs $815 $897 $734
VC $365 $329 $402
Sales 55000 60500 49500
FC for all $9,450,000 $8,505,000 $10,395,000
Sales High-priced -10000 -9000 -11000
Sales cheap clubs 12000 13200 10800
Result Cells:
OCF $10,377,500 $18,969,500 $2,759,000
NPV $10,421,358.80 $52,250,813.28 -$26,668,689.96
Notes: Current Values column represents values of changing cells at
time Scenario Summary Report was created. Changing cells for each
scenario are highlighted in gray.
Supply Detroit with 20000 tons Quantity OCF NPV
Selling price $295 per ton $1,130,900.00 $873,226.71
FC $925,000 10000 $272,900.00 ($2,144,557.71)
VC 185 per ton 11000 $358,700.00 ($1,842,779.27)
Depreciation $620,000 12000 $444,500.00 ($1,541,000.83)
Salvage value after-tax $312,000 13000 $530,300.00 ($1,239,222.39)
Initial investment ($3,100,000) 14000 $616,100.00 ($937,443.94)
Initial investment in NWC ($380,000) 15000 $701,900.00 ($635,665.50)
Require return 13% 16000 $787,700.00 ($333,887.06)
Tax rate 22% 17000 $873,500.00 ($32,108.62)
Salvage value $400,000 18000 $959,300.00 $269,669.82
19000 $1,045,100.00 $571,448.27
OCF $1,130,900 20000 $1,130,900.00 $873,226.71
NPV $873,226.71 21000 $1,216,700.00 $1,175,005.15
22000 $1,302,500.00 $1,476,783.59
NPV $873,227 23000 $1,388,300.00 $1,778,562.04
∆Q $2,893.60 units 24000 $1,474,100.00 $2,080,340.48
Q_min $17,106 units 25000 $1,559,900.00 $2,382,118.92
26000 $1,645,700.00 $2,683,897.36
Cash Break-Even 6,819 units 27000 $1,731,500.00 $2,985,675.81
OCF $0.00 28000 $1,817,300.00 $3,287,454.25
29000 $1,903,100.00 $3,589,232.69
Accounting Break-Even 14,045.45 units 30000 $1,988,900.00 $3,891,011.13
OCF $620,000
NPV $0.00

EAC $881,375.08
Fianancial Break-Even 17,092 units
OCF $881,375.08
NPV $0.00

DOL 1.52
%∆Q 5%
%∆OCF 7.59%
∆OCF/∆Q ∆NPV/∆Q

$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
$85.80 $301.78
Scenario Summary
Current Values: The Best-Case Scenario
Changing Cells:
Supply Detroit with 20000 20000
Selling price $295 $325
FC $925,000 $925,000
VC 185 185
Depreciation $620,000 $620,000
Salvage value after-tax 312000 358800
Initial investment ($3,100,000) ($2,635,000)
Initial investment in NWC ($380,000) ($361,000)
Result Cells:
OCF $1,130,900 $1,591,100
NPV $873,226.71 $2,990,945.26

time Scenario Summary Report was created. Changing cells for each
scenario are highlighted in gray.
The Worst-Case Scenario

20000
$266
$925,000
185
$620,000
265200
($3,565,000)
($399,000)

$670,700
($1,244,491.84)
 Year 0 Year 1 Year 2 Year 3 Year 4
Total change in sales $65,950,000 $77,700,000
New Sales $92,000,000 $97,750,000 $74,750,000 $60,375,000
Lost sales ($13,050,000) ($13,050,000)
Lost revenue ($13,000,000) ($7,000,000)
Net sales $65,950,000 $77,700,000 $74,750,000 $60,375,000
VC_new $39,200,000 $41,650,000 $31,850,000 $25,725,000
Lost sales ($4,650,000) ($4,650,000)
Net VC $34,550,000 $37,000,000 $31,850,000 $25,725,000
FC $6,900,000 $6,900,000 $6,900,000 $6,900,000
Depreciation $7,073,550 $12,122,550 $8,657,550 $6,182,550
NWC ($13,190,000) ($2,350,000) $590,000 $2,875,000
Capital Spending
OCF ($49,500,000) $20,840,446 $29,247,736 $30,258,086 $23,220,836
CFO NET ($49,500,000) $7,650,446 $26,897,736 $30,848,086 $26,095,836
Payback period 2.48
Discounted Payback period 2.97
PI 1.76
IRR 34.42%
NPV $37,798,666.04
 Q(new) Q(old)
Year 5 1 160,000 95,000 Tax 21%
2 170,000 65,000 Salvage value $6,800,000
$46,000,000 3 130,000 Discount rate 12%
4 105,000 The cost of the new equipment ($49,500,000)
5 80,000 The lost sales 30000
$46,000,000 Price old smart phone $435
$19,600,000 0.1429 Price new smart phone $575
0.2449 NPER 5
$19,600,000 0.1749 Salvage value $6,800,000
$6,900,000 0.1249 VC (old) $155
$4,420,350 0.0893 FC(old) $4,300,000
$12,075,000 Price old smart phone $235
$7,691,125 NWC 20%
$16,333,274 VC (new) $245
$36,099,398 FC(new) $6,900,000
 Price NPV Quantity
$37,798,666.04
$400 ($27,339,780.40) 100,000
$405 ($25,478,681.93) 101,000
$410 ($23,617,583.46) 102,000
units of the old smart phone each year for two years $415 ($21,756,484.99) 103,000
per unit $420 ($19,895,386.52) 104,000
units $425 ($18,034,288.05) 105,000
$430 ($16,173,189.58) 106,000
the value of the equipment in five years $435 ($14,312,091.11) 107,000
$440 ($12,450,992.64) 108,000
$445 ($10,589,894.17) 109,000
units will have to be lowered to each $450 ($8,728,795.70) 110,000
of sales $455 ($6,867,697.23) 111,000
$460 ($5,006,598.76) 112,000
$465 ($3,145,500.29) 113,000
$470 ($1,284,401.82) 114,000
$475 $576,696.65 115,000
$480 $2,437,795.12 116,000
$485 $4,298,893.59 117,000
$490 $6,159,992.06 118,000
$495 $8,021,090.53 119,000
$500 $9,882,189.00 120,000
$505 $11,743,287.47 121,000
$510 $13,604,385.94 122,000
$515 $15,465,484.41 123,000
$520 $17,326,582.88 124,000
$525 $19,187,681.35 125,000
$530 $21,048,779.82 126,000
$535 $22,909,878.29 127,000
$540 $24,770,976.76 128,000
$545 $26,632,075.23 129,000
$550 $28,493,173.70 130,000
$555 $30,354,272.17 131,000
$560 $32,215,370.64 132,000
$565 $34,076,469.11 133,000
$570 $35,937,567.58 134,000
$575 $37,798,666.04 135,000
$580 $39,659,764.51 136,000
$585 $41,520,862.98 137,000
$590 $43,381,961.45 138,000
$595 $45,243,059.92 139,000
$600 $47,104,158.39 140,000
$605 $48,965,256.86 141,000
$610 $50,826,355.33 142,000
$615 $52,687,453.80 143,000
$620 $54,548,552.27 144,000
$625 $56,409,650.74 145,000
$630 $58,270,749.21 146,000
$635 $60,131,847.68 147,000
$640 $61,992,946.15 148,000
$645 $63,854,044.62 149,000
$650 $65,715,143.09 150,000
$655 $67,576,241.56 151,000
$660 $69,437,340.03 152,000
$665 $71,298,438.50 153,000
$670 $73,159,536.97 154,000
$675 $75,020,635.44 155,000
$680 $76,881,733.91 156,000
$685 $78,742,832.38 157,000
$690 $80,603,930.85 158,000
$695 $82,465,029.32 159,000
$700 $84,326,127.79 160,000
$705 $86,187,226.26 161,000
$710 $88,048,324.73 162,000
$715 $89,909,423.20 163,000
$720 $91,770,521.67 164,000
$725 $93,631,620.14 165,000
$730 $95,492,718.61 166,000
$735 $97,353,817.08 167,000
$740 $99,214,915.55 168,000
$745 $101,076,014.02 169,000
$750 $102,937,112.49 170,000
$755 $104,798,210.96 171,000
$760 $106,659,309.43 172,000
$765 $108,520,407.90 173,000
$770 $110,381,506.37 174,000
$775 $112,242,604.84 175,000
$780 $114,103,703.31 176,000
$785 $115,964,801.78 177,000
$790 $117,825,900.25 178,000
$795 $119,686,998.72 179,000
$800 $121,548,097.19 180,000
 NPV ∆NPV/∆Price ∆NPV/∆Q
$37,798,666.04
Err:504 $372,219.69 Err:504 IF The Price Increases/Decreases with one dollar NPV Increases/Decreases
Err:504 $372,219.69 Err:504 IF The Quantity Increases/Decreases with one unit NPV Increases/Decreases
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $372,219.69 Err:504
Err:504 $151,935.12 Err:504
 Increases/Decreases
V Increases/Decreases