Question: Assume that you are creating a simple app that allows people to keep track of their daily steps. 1) List the following a) Initial costs

Assume that you are creating a simple app that allows people to keep track of their daily steps.

1) List the following

a) Initial costs and other initial outflows - As much as possible - find real data for your project

b) List the cash inflows showing your expected selling price and number of units sold

c) List the cash outflows showing your number of units sold - As much as possible - find real data for your project

2) Prepare a Capital Budget for a portion of your project.

For maximum points, use actual dollar amounts researching the costs of items you will need, the amount you will be able to charge, and any other costs and benefits available.

Cost of capital of 5%

Tax Rate of 18%

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