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kendall has been working with a small travel agency for the past few years to learn the business and to better understand what costs are
kendall has been working with a small travel agency for the past few years to learn the business and to better understand what costs are necessary to run it. Now, having been in the business world for a few years, she's ready to start her own travel agency, specializing is "off the grid" locations. She knows there will be both overhead costs and labor costs, since she intends to hire one assistant. The following chart outlines her estimates so far: annual net operating cash flows $4000; initial asset investment $10000; asset life in years 8; salvage value of asset at end of useful life $1000; tax rate 25%. As a new business owner, Kendall only expects to earn 5% rate of return. Conduct an initial NPV analysis for an 8-year interval
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