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i need step by step explanation plus snswer. all information is on the picture Mr. Duncan will not open the car wash unless it provides
i need step by step explanation plus snswer.
all information is on the picture
Mr. Duncan will not open the car wash unless it provides at least a 12% return. Requtred: 1. Assuming that the car wash will be open 52 weeks a year, compute the expected annual net cash receipts from its operation a 0 Auto wash cash receipts Vacuum cash receipts Total cash receipts Less cash disbursements: Water Electricity Rent Cleaning Insurance Maintenance Total cash disbursements Annual net cash flow from operations 0 $ 0 2-a. Determine the net present value using the net present value method of investment analysis. (Any cash outflows should be indicated by a minus sign. Round the final answers to the nearest whole dollar) Yearts) Amount of Cash Flows Present Value of Cash Flows Now low Cost of the equipment Wondng capital utan al cash indows Working captarase Savage vse 1-5 Mr. Duncan will not open the car wash unless it provides at least a 12% return. Requtred: 1. Assuming that the car wash will be open 52 weeks a year, compute the expected annual net cash receipts from its operation a 0 Auto wash cash receipts Vacuum cash receipts Total cash receipts Less cash disbursements: Water Electricity Rent Cleaning Insurance Maintenance Total cash disbursements Annual net cash flow from operations 0 $ 0 2-a. Determine the net present value using the net present value method of investment analysis. (Any cash outflows should be indicated by a minus sign. Round the final answers to the nearest whole dollar) Yearts) Amount of Cash Flows Present Value of Cash Flows Now low Cost of the equipment Wondng capital utan al cash indows Working captarase Savage vse 1-5Step by Step Solution
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