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In this assignment, a forecast of potential revenue to cover the cost associated with the renovation of a parlor car to add to a railroad
In this assignment, a forecast of potential revenue to cover the cost associated with the renovation of a parlor car to add to a railroad is needed. In order to be successful with this project, an estimate of the following must be included in the paper:
- Verify the cost of renovation.
- Estimate the potential cash flow generated from the renovated parlor car.
- Cash flow is defined as the sales less variable costs.
- Distinguish between on-going operating costs and repayment of the capital cost (Payback period).
- The project is based on the Colebrookdale Railroad (colebrookdalerailroad.com)
- Watch the following video to see how the railroad operates and information on the number of seats in the parlor car and the cost to renovate:
- https://www.youtube.com/watch?v=BvruU_yFySA
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