You have been red as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ) ...

been , hired as a consultant for Pristine tb itherl uncu (PUTZ)W mnufacturers of fine The market for zithers is growing quicklyu any Pough! some land three years ago for Sl 47 million in, anticipation of using it as a toxie Waste um, ite hasil recently hired another company handie 911 toxic materials. Based on a recent mp n9 believes it could sell the land for $1,57 analyze the zither 1; 67 million after taxes, The company, f is as follows: f th four-year period- sales should be discontin ed ejieves that fixed costs for the project wili be $ year; and variable costs are 10 percent million 'and will be -depreciated according to qUipmnt Can be scrapped for $435+000. Net Wor9g yapital of S 132,000 will be required immediat /eiOr O the project is 14 percent- MAC as, a 40 percent tax rater and the required calculations and o millions of dollars* e.g.