( Ignore income taxes in this problem. ) Susan is considering opening a craft store. She would...
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Question:
Ignore income taxes in this problem. Susan is considering opening a craft store. She would need $ to remodel and furnish the store and another $ for inventories and other working capital needs. Rent on the building used by the business will be $ per year. Susan estimates that the annual cash inflow from the business will amount to be $ In addition to building rent, other annual cash outflows for operating costs will amount to $ Susan plans to operate the business for only six years. She estimates that the furnishings could be sold at that time for about $ Susan requires a return on this investment.
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