You are the Financial manager of XYZ, Inc., a retailer of the exercise machine and related accessories. Your firm is considering opening up a new store in Beirut. The store will have a life of 20 years. It will generate annual sales of 5,000 exercise machines, and the price of each machine is $2,500. The annual sales of accessories will be $600,000, and the operating expenses of running the store, including labor and rent, will amount to 50 percent of the revenues from the exercise machines. The initial investment in the store will equal $30 million and will be fully depreciated on a straight-line basis over the 20-year life of the store. Your firm will need to invest $2 million in additional working capital immediately, and recover it at the end of the investment. Your firm’s marginal tax rate is 30 percent. The opportunity cost of opening up the store is 10 percent. What are the incremental cash flows from this project at the beginning of the project as well as in years 1-19 and 20? Should you approve it? Aa

Answers

Answer 1

Answer:

XYZ, Inc.

Incremental Cash Flows:

                                                           Year 0       Year 1 - 19         Year 20

a) Annual Machine Sales

      (5,000 x $2,500)                               $0  $237,500,000  $12,500,000

b) Annual Sales of accessories                 0        11,400,000          600,000

Operating Expenses (50% of a)                0     -118,750,000     -6,250,000

Investment                               -30,000,000

Working Capital investment     -2,000,000                                2,000,000

Income Taxes                                             0      -30,495,000    -1,605,000

Incremental Cash flows        -$32,000,000    $99,655,000  $7,245,000

b) I should approve the budget based on the incremental cash flows.

Explanation:

The incremental cash is cash flow that a company obtains when it takes on a new project.

a) Annual machine sales = $12,500,000 (5,000 x $2,500).  For 19 years, it will total $237,500,000 ($12,500,000 x 19).

b) Annual sales of accessories is $600,000 while for 19 years it is $11,400,000.

c) Annual operating expenses equal 50% of sales of machines.  This is equal to $6,250,000 ($12,500,000 x 50%).  For 19 years, it is $118,750,000 ($6,250,000 x 19).

d) Income taxes are applied after deducting tax depreciation from the annual revenue less operating expenses.  Based on the straight-line method, the annual depreciation is $1,500,000 ($30,000,000/20).

e) There is no tax on the working capital recovered in the 20th year.  It is possible to discount the cash flows to their present values, using the cost of capital as 10%.  The resulting figure is compared to the initial investments.  However, this may not be a requirement of this question.


Related Questions

WRitee _a_ poeem th_a_t st_a_Rts with Rosees _a_Re Reed violeets _a_Re bluee. My school asked for this specific poem. Thanks

Answers

Answer:

Roses are red

Violets are blue

Sugar is sweet,

And so are you.

Explanation:

The speaker of Anne Sexton's poem “Young" is
an older woman contemplating death
an older woman looking back on her adolescence
O a teenager looking back at her childhood
O a child dreaming about her future

Answers

Answer: an older woman looking back on her adolescence

Explanation:

Answer:

an older woman looking back on her adolescence

What is your weakness in character or personality? Please elaborate.

Answers

Answer: My weakness in character is:

Selfishness

Greediness

Grumpiness

______________________________

Answer:

My weakness is

Angryness

Sadness

Explanation:

Brainliest me please

What would be a good title for writing a blog post on wildfires

Answers

Answer:

Is Destruction the Inevitable Fate of Our Forests?

What does the language used in this passage reveal about its purpose?

Answers

If I knew the passage

Please answer this correctly

Answers

Answer:

Explanation:

Activities: Students can choose

Staff: CPR-certified councelors

Facilities: Students' sleeping

how does this excerpt from of plymouth show the influence of religion in early american literature ?

Answers

Answer:

Puritans believed God would provide them with safe travel.

Explanation:

I hope this helped. I am sorry if you get this wrong

Read the following passage from the National Oocanic and Atmospheric Administration, or NOAA. Which word does NOT have a negative connotation?

Ocean acidification could threaten the manne food web by destroying coral reef habitat, reducing biodiversity, and potentially causing various species to go extinct. Such habitat destruction could affect
fishing, tourism, and any human activity that involves the oceans.

A. Extinct
B. Destruction
C. Threaten
D. Activity​

Answers

Answer:

D

Explanation:

Extinct, destruction and threaten all have a negative connotation. Activity, however, does not.

Answer:

D. activity

Explanation:

extinct, destruction, and threaten are all negative connotation.

activity is the only not negative connotation in these set of words

correct me if this is wrong

hope this helps

Whom does the following describe?
treats a flower girl like a duchess.
Pickering
Doolittle
Liza
Higgins​

Answers

Explanation:

I think Pickering is the correct answer.

I think Pickering as well

Read the chart. HOMOPHONE MEANING by beside or near buy to purchase something bye expression that is short for goodbye Choose the correct homophones to complete the sentence. Jiya went to the shop _____ the dentist’s office to _____ materials for her project. by, buy bye, by by, bye bye, buy

Answers

Answer:

By, buy

Explanation:

Joys went to the shop by (beside) The dentists office to buy (purchase) Materials for her project.

Answer:

the first answer: A, By,Buy

Explanation:

e2020

How can I rearrange solid to mean image of your face

Answers

Answer:

Idols

Explanation:

The word Idols uses all the letters from the word solid.

Idols are sort of like statues.

Statues have faces.

Hence, rearanging the word solid to mean the image of a face is the word Idols.

:-)

The letters of the word SOLID can be rearranged to the word IDOLS, which refers to the image or statue of someone or something.

The rearrangement, shuffling, and swapping of letters comes under a broad category of Combinatorics.

What is Combinatorics?A branch of mathematics called combinatorics is largely concerned with the properties of finite structures and counting, both as a means and an end in getting conclusions. It has several applications in fields like computer science, evolutionary biology, statistical physics, and many other branches of mathematics. It is intimately connected to many other branches of mathematics.The variety of problems that combinatorics can solve is well known. Algebra, probability theory, topology, and geometry are just a few of the pure mathematics fields where combinatorial issues can be encountered. There are also other application areas where these issues can also be found. In the study of algorithms, combinatorics is widely utilized to derive formulas and estimates.

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"Cyclops, if ever mortal man inquire how you were put to shame and blinded, tell him Odysseus, raider of cities, took your eye: Laertes' son, whose home's on Ithaca!" (Book 9, line 416-419).


This is an example of which type of Figurative Language?


Select ONE correct answer.


Select one or more:


a. Hyperbole


b. Metaphor


c. Epithet


d. Epic Simile


e. Alliteration

Answers

Answer:

c. Epithet

Explanation:

In this text, we learn about the encounter between the Cyclops and Odysseus. As Odysseus is the one who wins, he is able to gloat, and he says his name in order to ensure that his reputation follows him. However, when he talks about himself, Odysseus refers to himself as "Odysseus, raider of cities." This is an example of an epithet. An epithet is a descriptive word or phrase that accompanies a name. Most of the time, this phrase is descriptive, and intended to provide more distinction to a name.

In “Cruel Tribute,” which character’s actions most advance the development of the plot? Ariadne King Minos the Minotaur Theseus

Answers

Answer:

Theseus

Explanation:

"Cruel Tribute" is a Greek tale. In this story, King Minus issues a decree that states that every year the noblest young people from Athens and the most beautiful girls should be killed in sacrifices for the Minotaur.

The Athenians did not know, but King Aegeus had a son, Theseus, who had been threatened with death by King Minus. Little Theseus Grows up and becomes a great hero. Their actions greatly influence the development of the tale, the representation of the minotaur and the defeat of King Minus. He is the protagonist of the story, with serious consequences in the development of the plot of the story.

Answer:

Theseus

e2020 edge

what is the rising action in the story

Answers

The rising action is the part of the story that creates tension by putting obstacles in the hero’s way on his path to reaching his goal.

Answer:

The rising action is a part of the plot that creates tension by putting obstacles in someone's way on his path to achieving his goal

Explanation:

32.Which of the following uses alliteration AND tricolon (list of three)?

1.The ostrich was well-feathered and fine.

2.We will run! We will dance! We will sing!

3.Fierce, frumpy and frustrated, the hippopotamus charged out of the water.

Answers

It is the third one. The list of 3 Is fierce, Frumpy and frustrated the alliteration is the Consecutive F’s

2. Which is the nearest star?​

Answers

Answer:

Alpha Centauri triple star

Answer:

A star is a fixed luminous point in the night sky which is a large, remote incandescent body like the sun.

The nearest star to the earth is Alpha Centauri A

Alpha Centauri triple-star system, about 4.37 light-years away. One of these stars, Proxima Centauri, is slightly closer, at 4.24 light-years. Of all the stars closer than 15 light-years, only two are spectral type G, similar to our sun.

HOPE IT HELPS :)

PLEASE MARK IT THE BRAINLIEST!!

Give your
own
personal response to the issues
raised in the Ikemefun a sub story
Thing fall
Apart

Answers

Answer:

The sub story of Ikemefuna in the book Things Fall Apart, describes the issues of cultural practices and traditions in Umuofia village, and the belief that men should be strong both in action and decision making.

Explanation:

One of the important sub story of the book Things Fall Apart by Chinua Achebe is the story of Ikemefuna, the adopted child of Okonkwo, a popular and highly respected Wrestler in the Umuofia village. Ikemefuna who happened to be a closer friend and mentor of Nwonye, the eldest of Okonkwo, was at a point concluded by the village traditional elders, to be the sacrificial lamb to the gods. Ikemefuna, though, unknowingly to him, considered Okonkwo as his father, it was Okonkwo, despite loving Ikemefuna as his son, that eventually kill him, during the process of executing Ikemefuna to the gods. This is an act Okonkwo considered necessary, so as not to appear weak to the village eyes.

Hence, the issue of Ikemefuna sub story, which centers around his death, describes the issues of cultural practices and traditions in Umuofia village, and the belief that men should be strong both in action and decision making.

It set the pace of the followed occurrence in the book. Some of which is the symbolic exile of Okonkwo from Umuofia village, and the break down in relationship between Okonkwo and his eldest son Nwonye.

Answer to this question

Answers

Answer: D.) [W]e shall send to the moon 240,000 miles away from the control station in Houston, a giant rocket more than 300 feet tall.  

Explanation: Hope that helped! <3

The answer is D !!!!!

What is the tone of the PSA? Check all that apply.
informative
formal
friendly
silly
educational

Answers

Answer:

Formal

Educational

Informative

(Maybe even friendly depending on the speaker)

Explanation:

Those 3 answers would be the tone of a serious and good psa

Answer:

formal

educational

informal

Explanation:

PLS don't take my answer off

help me please help me

Answers

Answer:

ours

Explanation:

Ours is the first person plural possessive pronoun. You use ours to refer to something that belongs or relates both to yourself and to one or more other people. There are few strangers in a town like ours.

What’s do Mrs. bell action tell the reader about her

Answers

Answer:she does not always consider the effects of her actions.

explanation:

we can see in the text that it says she was unaware of how much embarrassment she had caused both of them so we know that she hadn't even considered that they would get embarrassed from her actions.

Explanation:

Answer: she does not always consider the effects of her actions.

Explanation:

This is very simple. Pic is below.

Answers

The answer would be thoroughly

please help me please i need some help.

Answers

Answer:

Answer is B

Explanation:

Say it out loud, it really does help a lot. Pls mark brainliest

Answer:

The answer is B

Explanation:

It is all grammar. To choose the one that makes the most sense, you would have to read them all CAREFULLY.

Aside from the body of the essay where else is the analyzed text in a literary analysis usually identified

Answers

Answer:

The analyzed text is also identified in part of the context.

Explanation:

Read the statement below. Then decide whether you agree or disagree with the statement. Be prepared to support your opinion with details from the story. Here's your discussion prompt: In Gogol's "The Nose," the loss of a nose symbolizes the loss of power.

Answers

Answer:

Yes, I agree with the statement that the loss of Major Kovalyov's nose symbolizes the loss of power in the person.

Explanation:

Nikolai Gogol's satirical story "The Nose" that tells the story around an official in the Russian government who lost his nose. And along with that loss of the physical facial feature, he seemed to have lost his self-esteem and did things that seemed unbecoming of a government official.

In the story, the loss of the nose not only represents the literal loss of the facial feature. It also represents the literal loss of power or authority in the person. Collegiate Assessor Kovalyov was proud of his achievement and would refer to himself as "Major" just to show his power, "to make himself sound more important and to give more weight to his status". Thus, it is evident that power and status means a lot to him. So, when he realized his nose had disappeared and resurfaced as some official higher than him in position, he was flabbergasted. He even approached the nose at the church and demanded to know "where you belong? And where do I find you? In church, of all places!". He had previously guessed the position of the nose as perhaps "a state councilor" but that did not deter him from reproachfully ordering him to return his nose.

So, when the nose refused to return, he felt smaller and in "absolute despair". He even stated his position of "major" to the nose, in a bid to give authenticity to his claim. His common demeanor of telling people to 'ask for Major Kovalyov' to get something or approaching beautiful ladies all changed after the loss of the nose. Now, he felt powerless and unable to do anything, not even depend on his 'title' to get his own personal property-the nose, back. He was even reluctant to face the "slim girl [whose] cheeks flushed with the colour of the first rose of spring." He did not have any courage to approach or behave as he normally would have been, confident and powerful. And when he was asked his name at the advertising agency, he refused to reveal his name which he used to proudly proclaim to everyone.

And once the nose was returned, he felt a sense of joy that was so "intense" and regained his previous personality/ character of the 'powerful' and 'dashing' Major. Thus, I agree with the statement that the loss of the nose symbolizes the loss of power in the character of Major Kovalyov.

Which is the strongest thesis for an essay about sacrifice

Answers

Answer:

Before making a sacrifice, people can consider the kind of sacrifice it is, what they stand to gain, and when the sacrifice is appropriate.

Explanation:

four steps that should be followed to make virtual learning interesting and more affordable

Answers

Answer:

Explanation:

1) Must be social

2) Contribution from learner

3) Availability and Accessibility

4) Must be affordable

1) One of the step that should be followed to make virtual learning interesting is that it must be social, not too rigid Learner may be able to share, comment and probably also rate the learning process.

2) contribution from learner: learner should be able to contribute to the learning process by also creating avenue for them to also share their views.

3) Availability and Accessibility: Should be available in all hours and this will make the learning process accessible at all time even in odd hours.

4) Virtual learning must be affordable, must not be too costly as high cost will deprived and discourage the learner.

The weeds are followed by the city's most prolific exotic
species, the Chinese ailanthus tree. Even with 8 million
people around, ailanthus-otherwise innocently known as
the tree-of-heaven-are implacable invaders capable of
rooting in tiny chinks in subway tunnels, unnoticed until
their spreading leaf canopies start poking from sidewalk
grates. With no one to yank their seedlings, within five
years powerful ailanthus roots are heaving up sidewalks
and wreaking havoc in sewers.
Which statement best explains how irony is used in the passage ?

Answers

The correct answer is D. Weed tree that wreaks havoc on the environment is referred to favorably as the "tree-of-heaven."

Explanation:

Irony occurs when the outcome in a situation is not the one expected or words have an opposite meaning to the literal meaning. In the excerpt, there is irony because the three known as the "tree-of-heaven" in China is an invasive and harmful species. This can be seen in "implacable invaders capable of rooting in tiny chinks in subway tunnels" and in "heaving up sidewalks and wreaking havoc in sewers" that shows the power the tree has to invade spaces and destroy structures despite the name suggests the tree is positive. This means there is an incongruence between the expectations about the tree and the reality. Thus, the statement that explains irony is statement D.

Answer:

The answer is D

Explanation:

Ap3x

Activity 2: COMPLETE THESE SENTENCES USING FIRST CONDITIONAL 1. I will cook dinner if ______________________________________________
2. If you have time________________________________________________
3. If the weather doesn’t improve___________________________________
4. We will go to San Andres if ____________________________________
5. If this pandemia continues ____________________________________
6. I will go to the party if ________________________________________
Activity 3: MAKE 8 NEW SENTENCES USING FIRST CONDITIONAL
help plox

Answers

Answer:

1) I will cook dinner if there are no specials at the diner tomorrow.

2) If you have time will you go to your aunts around 4?

3) If the weather doesn't improve we will have to stay home.

4) We will go to San Andres if my uncle gets the day off.

5) If this pandemic continues everything will get worse.

6) I will go to the party if my bestfriend goes with me.


Read the following excerpt from Alice's Adventures in Wonderland by Lewis Carroll and answer the question that follows.

Alice was beginning to get very tired of sitting by her sister on the bank, and of having nothing to do; once or twice she had peeped into the book her sister was reading, but it had no pictures or conversations in it, “and what is the use of a book,” thought Alice, “without pictures or conversations?”


So she was considering in her own mind (as well as she could, for the hot day made her feel very sleepy and stupid), whether the pleasure of making a daisy-chain would be worth the trouble of getting up and picking the daisies, when suddenly a White Rabbit with pink eyes ran close by her.


There was nothing so VERY remarkable in that; nor did Alice think it so VERY much out of the way to hear the Rabbit say to itself, “Oh dear! Oh dear! I shall be late!”

Based on the point of view presented in the excerpt, what does the reader know that Alice’s sister doesn’t know?

A.
White rabbits can speak.
B.
Alice is getting carried away in her imagination.
C.
Hot weather makes people of any age feel restless.
D.
Books without pictures are for children like Alice.

Answers

Answer:

B

Explanation:

Based on the point of view presented in the excerpt Alice is getting carried away in her imagination the reader knows that Alice’s sister doesn’t know. Thus option B is correct.

What is an excerpt?

An excerpt is a section or section chosen out of a textbook, talk, play, etc., and studied as such. The excerpt's goal is to highlight important sections of a text in order to determine whether it has the details visitors need. An excerpt must be illustrative. It really should detail each of the article's main topics.

There was absolutely nothing VERY extraordinary about that, and Alice didn't find the White Rabbit saying, "Oh dear," to be at all strange.

According to the excerpt's standpoint, the reader can infer that Alice's sister is unaware that she is engaging in excessive imaginative play. Therefore, option B is the correct option.

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