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Consider how Pose Valley, a popular ski resort, could use capital budgeting to decide whether the 335in Spring Park (Click the icon to view the
Consider how Pose Valley, a popular ski resort, could use capital budgeting to decide whether the 335in Spring Park (Click the icon to view the expansion estimate) (Cick the icon to view the present van army face table) (Click the ice to vinse the future value annuity factor table) Read the readments (Click the icon to view the present value factor table) Click the i expansion would be a good int Data table Requirement 1, What is the projects NIV? is the investment attractive? Why or why not? Calculate the el present value of the expansion (Round your a e nearest whole dolar Use parentheses or a minus sign for a negativ Help me solve this Video Get more help- Assume that Pine Valley's managers developed the following dates conceming a planned expansion to Spring Park Lodge (all numbers assumed Number of additional skiers per day. 121 Average number of days per year that weather conditions allow skiing at Pine Valley... 10 Useful life of expansion (in years). 9 Average cash spent by each skier per day. $ 245 Average variable cost of serving each skier per day. S Cost of expansion... $9.500.000 Discount rate. 10% Assume that Pine Valley uses the straight line depreciation method and expects the lodge expansion to have a residual value of $500 000 end of its nine-year Me It has already calculated the average annual net cash inflow per year to be $2,097,414 Print Done
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