Question
You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone = $
| You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: |
| Sales price per abalone | = | $ | 88.00 | |
| Variable costs per abalone | = | $ | 4.40 | |
| Fixed costs per year | = | $ | 720,000.00 | |
| Depreciation per year | = | $ | 52,000.00 | |
| Tax rate | = | 33.00 | % | |
| | ||||
| The discount rate for the company is 10 percent, the initial investment in equipment is $364,000, and the project |
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
