Question: please help, will like!! the last answer is $26,196 Outdoor Sports is considering adding a putt-putt golf course to its facility. The course would cost
Outdoor Sports is considering adding a putt-putt golf course to its facility. The course would cost $189,000, would be depreclated on a straight-line bosis over its 5-year life, and would have a zero salvage value. The sales would be $95,000 a year, with variable costs of $28,500 and fixed costs of $13.100. In addition, the firm anticipates an additional $24,100 in revenue from its existing facilies if the putt putt course is added, The project will require $3,700 of net working capital, which is recoverable ot the end of the project. What is the net present value of this project at a discount rate of 14 percent and a tax rate of 21 percent? Muelple Choice $29,361 $66,519 531,283 \$46.664
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