YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

Investment -2250000

Sales 80000*12.36 83200*12.73 86523*13.11 89989*13.50 93588*13.90

988800 1059136 1134316.53 1214851.5 1300873.2

Variable 80000*4.64 83200*4.77 86523*4.91 89989*5.05 93588*4.53
Cost 371200 396864 424827.93 454444.45 423953.64
Fixed Cost 171600 178464 185602 193026 200747

C/F (2,250,000) 446,000 483,808 523,887 567,381 676,173

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

C/F -2250000 446,000 483,808 536,000 567,381 676,173
Discount 0.87719 0.76946 0.67497 0.59208 0.519368
Factor By
14%
PRESENT 391,226.74 372,270.90 361,783.92 335,934.94 351,182.62
VALUE
Net Present
Value (NPV)

(437,600.88)
YEAR YEAR0 YEAR1 YEAR2
INVESTMENT
-2250000
SALES
95000*11.85 105450*12.20

1125750 1286490
VARIABLE COST 95000*4.53 105450*4.42
430350 466089

FIXED COST
171600 178464

C/F -2250000 523800 641937

YEAR YEAR0 YEAR1 YEAR2

C/F -2250000 523800 641937
Discount
Factor By 14% 0.87719 0.76946

PRESENT
VALUE 459,472.12 493,944.84
Net Present
Value (NPV)
377,186.74
YEAR3 YEAR4 YEAR5

117049*12.56 129924*12.93 144215*13.31

1470135.44 1679917.32 1919501.65

117049*4.32 129924*4.22 144215*4.01
505651.68 548279.28 578302.15

185602 193026 200747

778881.76 938612.04 1140452.5

YEAR3 YEAR4 YEAR5

778881.76 938612.04 1140452.5

0.67497 0.59208 0.519368

525,721.82 555,733.42 592,314.53

 Strategy 1

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

Investme -2250000
nt
80000*12.36 83200*12.73 86523*13.11 89989*13.50 93588*13.90
Sales
988800 1059136 1134316.53 1214851.5 1300873.2
Variable 80000*4.64 83200*4.77 86523*4.91 89989*5.05 93588*4.53
Cost 371200 396864 424827.93 454444.45 423953.64
Fixed 171600 178464 185602 193026 200747
Cost
C/F (2,250,000) 446,000 483,808 523,887 567,381 676,173

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

C/F -2250000 446,000 483,808 536,000 567,381 676,173
Discount
Factor By 0.87719 0.76946 0.67497 0.59208 0.519368
14%
PRESENT 391,226.74 372,270.90 361,783.92 335,934.94 351,182.62
VALUE

Net
Present (437,600.88)
Value
(NPV)

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

INVESTM
ENT -2250000
SALES
95000*11.85 105450*12.2 117049*12.56 129924*12.93 144215*13.31
0
1125750 1286490 1470135.44 1679917.32 1919501.65
VARIABLE 95000*4.53 105450*4.42 117049*4.32 129924*4.22 144215*4.01
COST 430350 466089 505651.68 548279.28 578302.15

FIXED
COST 171600 178464 185602 193026 200747
C/F -2250000 523800 641937 778881.76 938612.04 1140452.5

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

C/F -2250000 523800 641937 778881.76 938612.04 1140452.5
Discount
Factor By 0.87719 0.76946 0.67497 0.59208 0.519368
14%

PRESENT
VALUE 459,472.12 493,944.84 525,721.82 555,733.42 592,314.53
Net
Present
Value 377,186.74
(NPV)
Strategy 1

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

Investme -2250000
nt
80000*12.36 83200*12.73 86523*13.11 89989*13.50 93588*13.90
Sales
988800 1059136 1134316.53 1214851.5 1300873.2
Variable 80000*4.64 83200*4.77 86523*4.91 89989*5.05 93588*4.53
Cost 371200 396864 424827.93 454444.45 423953.64
Fixed 171600 178464 185602 193026 200747
Cost
C/F (2,250,000) 446,000 483,808 523,887 567,381 676,173

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

C/F -2250000 446,000 483,808 536,000 567,381 676,173
Discount
Factor By 0.96153 0.92455 0.88899 0.8548 0.82192
4%
PRESENT 428,842.38 447,304.69 476,498.64 484,997.28 555,760.11
VALUE

Net
Present 143,403.10
Value
(NPV)

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

INVESTM
ENT -2250000
SALES
95000*11.85 105450*12.20 117049*12.56 129924*12.9 144215*13.31
3
1125750 1286490 1470135.44 1679917.32 1919501.65
VARIABLE 95000*4.53 105450*4.42 117049*4.32 129924*4.22 144215*4.01
COST 430350 466089 505651.68 548279.28 578302.15

FIXED
COST 171600 178464 185602 193026 200747
C/F -2250000 523800 641937 778881.76 938612.04 1140452.5

YEAR YEAR0 YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

C/F -2250000 523800 641937 778881.76 938612.04 1140452.5
Discount
Factor By 0.80645 0.65036 0.52448 0.42297 0.3411
24%

PRESENT
VALUE 422,418.51 417,490.15 408,507.91 397,004.73 389,008.35
Net
Present
Value (215,570.35)
(NPV)
 Strategy 1

YEAR YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

Sales 80000*12.36 83200*12.73 86523*13.11 89989*13.50 93588*13.90
988,800 1,059,136 1,134,317 1,214,852 1,300,873
Variable Cost 80000*4.64 83200*4.77 86523*4.91 89989*5.05 93588*4.53
371,200 396,864 424,828 454,444 423,954
Fixed Cost
171,600 178,464 185,602 193,026 200,747
Net Income 446,000 483,808 523,887 567,381 676,173

Average Income 539,449.64

Strategy 2

YEAR YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

SALES
95000*11.85 105450*12.20 117049*12.56 129924*12.93 144215*13.31

1,125,750 1,286,490 1,470,135 1,679,917 1,919,502

VARIABLE COST 95000*4.53 105450*4.42 117049*4.32 129924*4.22 144215*4.01
430,350 466,089 505,652 548,279 578,302
FIXED COST
171,600 178,464 185,602 193,026 200,747
Net Income 523,800 641,937 778,882 938,612 1,140,453

Average Income 804,736.66

Total

5,697,977

2,071,290

929,439

2,697,248

Total

7,481,794

2,528,672

929,439

4,023,683