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Business - Financial Decision Making 1. Verify the cost of renovation. 2. Estimate the potential cash flow generated from the renovated parlor car. 3. Cash
Business - Financial Decision Making
1. Verify the cost of renovation. 2. Estimate the potential cash flow generated from the renovated parlor car. 3. Cash flow is defined as the sales less variable costs. 4. Distinguish between on-going operating costs and repayment of the capital cost (Payback period). 5. The project is based on the Colebrookdale Railroad (colebrookdalerailroad.com) 6. Watch the following video to see how the railroad operates and information on the numer of seats in the parlor car and the cost to renovate: A Family Ride on the Colebrookdale Railroad 7. APA Format 8. Length 5-8 pages including cover page and reference page.
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