Question list

$\backslash$table$[[$eather conditions,$114$ skiers$],[146$ days,$],[$y$,10$ years$],[$ier per day,$244],[,83]]$

Done

Consider how Preston Valley Spring Park Lodge could use capital budgeting to decide whether the $$13,000,000$ Spring Park Lodge expansion would be a good investment. Assume Preston Valley's managers developed the following estimates concerning the expansion:

$($Click the icon to view the estimates.$)$

$($Click the icon to view additional information.$)$

$($Click the icon to view Present Value of $ $1$ lave.$)$

$($Click the icon to view Present Value of Ordinary Annuity of $$1$ table.$)$

What is the project's NPV $($round to nearest dollar$)?$ Is the investment attractive? Why or why not?

Calculate the net present value of the expansion. $($Enter any factor amounts to three decimal places,

X$.$XXX$.$ Round to the nearest whole dollar.$)$

$\backslash$table$[[$Years$,,\backslash$table$[[$Net Cash$],[$Inflow$]],\backslash$table$[[\backslash$table$[[$Annuity PV Factor$],[)=14\%,n=(10$