Show Attempt History Current Attempt in Progress Marigold Corp. is thinking about opening a soccer camp in southern California. To start the camp, Marigold would need to purchase land and build four soccer helds and a sleeping and dining facility to house 150 soccer players. Each year, the camp would be run for a sessions of 1 week each. The company would hire college soccer players as coaches. The camp attendees would be male and female soccer players ages 12-18. Property values in southern California have enjoyed a steady increase in value. It is expected that after using the facility for 20 years, Marigold can sell the property for more than it was originally purchased for. The following amounts have been estimated 5324,000 5648.000 Cost of land Cost to build soccer fields, dorm and dining facility Annual cash inflows assuming 150 players and 8 weeks Annual cash outflows Estimated useful life $993.600 5907.200 20 years Salvage value $1.620.000 arch o c G 13" Mostly ) To gauge the sensitivity of the project to these estimates, assume that if only 125 players attend each week, annual cash inflows will be $869,400 and annual cash outflows will be $810,000. What is the net present value using these alternative estimates? (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg. (45). Round answer to O decimal places, eg, 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value $ Should the project be accepted? The project be accepted. 09 13C Mostly clear ^O ch Question 5 of 9 071 III Sheffield Corp. Production Department Manufacturing Overhead Flexible Budget Report For the Month Ended Budget at 1,600 units Actual at 1,600 units Neith $ $ $ v V . Tch o RI ED 01 c 13'C Mostly clear Show Attempt History Current Attempt in Progress Marigold Corp. is thinking about opening a soccer camp in southern California. To start the camp, Marigold would need to purchase land and build four soccer helds and a sleeping and dining facility to house 150 soccer players. Each year, the camp would be run for a sessions of 1 week each. The company would hire college soccer players as coaches. The camp attendees would be male and female soccer players ages 12-18. Property values in southern California have enjoyed a steady increase in value. It is expected that after using the facility for 20 years, Marigold can sell the property for more than it was originally purchased for. The following amounts have been estimated 5324,000 5648.000 Cost of land Cost to build soccer fields, dorm and dining facility Annual cash inflows assuming 150 players and 8 weeks Annual cash outflows Estimated useful life $993.600 5907.200 20 years Salvage value $1.620.000 arch o c G 13" Mostly ) To gauge the sensitivity of the project to these estimates, assume that if only 125 players attend each week, annual cash inflows will be $869,400 and annual cash outflows will be $810,000. What is the net present value using these alternative estimates? (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg. (45). Round answer to O decimal places, eg, 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value $ Should the project be accepted? The project be accepted. 09 13C Mostly clear ^O ch Question 5 of 9 071 III Sheffield Corp. Production Department Manufacturing Overhead Flexible Budget Report For the Month Ended Budget at 1,600 units Actual at 1,600 units Neith $ $ $ v V . Tch o RI ED 01 c 13'C Mostly clear