determine the company's estimated cash flow

ent Page Layout References Mailings Midosoft Word Product Activation Failed) Review View Times New Rom - 12 AAA ! 211 . . BIU - obe *, * A.A. 1 Normal 1 No Spac... Heading 1 Heading 2 Tele Subtitle Subtle Paragraph Styles Font 10 11 12 1 To 4 (YEARS) Estimated revenue receipts: million Private traffic 2 Commercial traffic 3 2 million 3 3 million 4.5 4.5 5 million million 6 5 4 6 The initial costs for purchasing the new machine will costs 8million with installation costs of lmillion, Engineering fees lm. The estimated operating payments over the years are: 4m; 5m; 6.5m; 7.5m and 9m respectively. The following is the additional information: i) Discounting rate is 12% ii) Tax rate 30% iii) Straight line depreciation will be used with a scrap value of 3m at the end of the useful years. Search Font Subtlet Paragraph Styles 14 Morandu Ltd is a public listed company in Kenya, operating as a parent company to other subsidiaries. The company's objective is to maximise shareholders wealth as well as to protect the quality of the company's services. Recently, the company did a cross listing with the Rwand Exchange Market and raised a sum of Kshs. 20 million in terms of ordinary share capital. Previously the Morandu Plc had issued Kshs. 12 million of 8% corporate bonds which were redeemable after 10 years. A work colleague has recently been moved to another company. Your CEO has asked you to take over from your colleague and provide urgently needed estimates of the investment to be used in appraising a large single ship which shall provide a short sea ferry service for passengers - private vehicles and commercial traffic. The present ship is nearing the end of its useful life and the company is considering the purchase of a new ship. The forecast operating budgets over the years are as follows: a search w e (hp