Question: Help Save & Exit Submit Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $167000, would be

 Help Save & Exit Submit Outdoor Sports is considering adding a

Help Save & Exit Submit Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $167000, would be depreciated on a straight line basis over its 6-year life and would have a zero salvage value the sales would be $84,000 a year, with variable costs of $27.400 and fixed costs of $12.000. In addition, the firm anticipates an additional $15.300 in revenue from its existing facilities of the putt putt course is added. The project will require $2.500 of net working capital , which is recoverable at the end of the project What is the net present value of this project at a discount rate of 12 percent and a tax rate of 40 percent ord Multiple Choice

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