Suppose praxis corporation's cfo is evaluating a project with the following cash inflows. she does not know the project's initial cost; however, she does know that the project's regular payback period is 2.5 years if the project's weighted average cost of capital (wacc) year cash flow year 1 $350,000 year 2 $425,000 year 3 $425,000 year 4 $450,000 is 796, what is its npv? $481,253 $380,992 $401,044 xⓔ $461,201

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer; planning;