Question
Elly wants to invest in an online cake program. The initial cost for this program will be Php 50,562.00. His annual revenue is expected to
Elly wants to invest in an online cake program. The initial cost for this program will be Php 50,562.00. His annual revenue is expected to be Php 20,000.00 while his annual cost is expected to be Php 3,000.00. The duration of this project is 5 years, and its MARR is set to be 20.25%.
- Is this a good project?
- Draw the cash flow diagram.
- Prove your answer based on your future worth analysis.
- Does your decision change with the present worth and annual worth analysis? Explain using comparisons.
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
978-1259066528
