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PLEASE MAKE SURE ALL ARE CORRECT!! PLEASE CHECK YOUR WORK! IT MUST BE CORRECT OR I WILL LOSE POINTS! IF ANYTHING IS INCORRECT I WILL
PLEASE MAKE SURE ALL ARE CORRECT!! PLEASE CHECK YOUR WORK! IT MUST BE CORRECT OR I WILL LOSE POINTS!
IF ANYTHING IS INCORRECT I WILL THUMBS DOWN!
I NEED THEM URGENTLY!
THANKS IN ADVANCE! :)
- There will be 300 cruise days per year operated at a full capacity of 3,800 passengers. - The variable expenses per passenger are estimated to be $95 per cruise day. - The revenue per passenger is expected to be $475 per cruise day. - The fixed expenses for running the ship, other than depreciation, are estimated to be $112,632,000 per year. - The ship has a service life of 10 years, with a residual value of $120,000,000 at the end of 10 years. Present Value of $1 at Compound Interest Present Value of an Annuity of $1 at Compound Interest a. Determine the annual net cash flow from operating the cruise ship
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