Determine Cash Flows

residual value. Selling expenses related to the new product are expected to be $4\%$ of sales revenue. The cost to manufacture the product includes the following on a per$-$unit basis

Marigold Inc.

Net Cash Flows

Year $1$ Years $2-9$ Last Year

Operating cash flows:

Annual revenues

$

$

$

Selling expenses

Cost to manufacture

Net operating cash flows

$

Total for Year $1$

Total for Years $2-9$

Residual value

$