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i need an answer and explanation to my finance problem. Over the past sox months, Six Flags conducted a marketing study on improving their park
i need an answer and explanation to my finance problem. Over the past sox months, Six Flags conducted a marketing study on improving their park experience. The study cost $3.00 million and the resuits suggested that Six Flags add a Whas only rolier coaster. Suppose that Sx Flags decldes to buld a new roller coaster for the upcoming operating season. The depreclable equipmant for the roller coaster will cost \$S0.00 milion and an additional $5.00 milion to instail. The equipment wit be deprecisted straight-line over 20 years. The marketing team at Sx Flags expects the coaster to increase attendance at the park by 5%. This translates to 123,159.00 more visitors at an average ticket price of $38.00. Expenses for these visitors are about 10,00% of sales. There is no impoct on working capital. The average visitor spends $21.00 on park merchandise and concessions. The after-tax operating margin on these side effects is 29.00%. The tax rate focing the firm is 39.00%, while the cost of capital is 7.00%. What is the prolect cash flow foe yoar 1 ? (express answer in millons) Answer Format: Currency: Round to: 4 decimal places
i need an answer and explanation to my finance problem.
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