项目净现值分析：迷你高尔夫球场投资评估.pptxVIP

Chapter9Exercise

TOPIC:PROJECTNPVFunLandisconsideringaddingaminiaturegolfcoursetoitsfacility.Thecoursewouldcost$52,000,wouldbedepreciatedonastraightlinebasisoverits4-yearlife,andwouldhaveazerosalvagevalue.Theestimatedefromthegolfingfeeswouldbe$33,000ayearwith$9,000ofthatamountbeingvariablecost.Thefixedcostwouldbe$7,200.Inaddition,thefirmanticipatesanadditional$10,000inrevenuefromitsexistingfacilitiesifthecourseisadded.Theprojectwillrequire$6,000ofnetworkingcapital,whichisrecoverableattheendoft