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Determining net cash flows for a new boat Jan and Deana tuwe beon drearring about owning a boat for some time and have decided that

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Determining net cash flows for a new boat Jan and Deana tuwe beon drearring about owning a boat for some time and have decided that estimating its cash flows will help them in their decision process. They expect to have a disposable annual income of $24,400. Their cash flow estimetes for the boat purchase are as folowe: Using those cash flow estrates, calculate the following a. The initial investment b. Operating cash fow. a. The initial investment is 5 (Round to the nearest dollar. Type a negative number to indicate a cash outhow and a positive number to indicate cash inflow.) b. The operating cash fow is 9 (Round to the nearest dotar. Type a negative number to indicate a cash outhow and a positive number to indicate cosh infow.) c. The tarminal cash fow is $ (Round to the nearest dotlar. Type a negative number to indicate a cash outhow and a positive number to indicate cash infiaw.) d. The annual cash flows are: (Round to the nearest dollar. Type a negasive number to indicate a caah outtow and a positive number to indicate cash inflow.) e. On the basis on their disposable annual income, what advice would you give Jan and Deana regarding the proposed boat purchase? -We would recommend that Jan and Deana obtain a ban to cover the intial negative cosh fow payable in 4 years." Is the above statement true or faise? (Felect from the drop-down menu.)

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