Question
with steps please company would ke to open a factory that produces women dress. The company made prepared a business plan that states the following:
with steps please
company would ke to open a factory that produces women dress. The company made prepared a business plan that states the following:
The operation and maintenance (O&M costs wll start from the first year
The revenue resulting from selling the products will start from year 2
The table below shows the detalls of the costs and revenues associated withh opening this new factory.
Howevec the business plan states that the company should gain a revenue (x) in the first year in order to achieve a required MARR of 12% per year. This Revenue can be generated by leasing a space In the factory on monthly basis for1 year only with a nominal Interest rate- 12% compounded monthly .
What should be the minimum monthly amount resulting from renting the factory space.
if the table is not clear
18000
300 300 500 400 400 700 700 400 800
x 3500 3700 3600 3600 3900 3900 3600 4000
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