Transcribed Image Text
Outdoor Sports is considering adding a putt putt golf course toits facility. The course would cost $168,000, would be depreciatedon a straight-line basis over its 4-year life, and would have azero salvage value. The sales would be $90,300 a year, withvariable costs of $27,450 and fixed costs of $12,050. In addition,the firm anticipates an additional $15,700 in revenue from itsexisting facilities if the putt putt course is added. The projectwill require $2,650 of net working capital, which is recoverable atthe end of the project. What is the net present value of thisproject at a discount rate of 11 percent and a tax rate of 34percent?$20,583$53,262$14,215$12,469$11,565
Other questions asked by students
Mechanical Engineering
General Management
Biology
Q
Plz answer in own words. (dont copy and paste) c)Describe additional roles other than attending...
Accounting
Accounting