Your client owns a successful restaurant in downtown Chicago and wants to open a 2nd one and needs to choose between two potential locations. Key information is listed below. Using the four capital budgeting methods that we have featured in this module, construct a presentation that shows your recommendation(s) to your client (and why).
				Forest Park		Rosemont
Initial Investment:			$3,000,000		$3,000,000
Annual cash inflows:			$1,000,000		$1,200,000
Annual cash outflows:			$600,000		$850,000
Annual non-cash (all depreciation) expenses:
Use straight line depreciation to find!
# of years of expected useful life of project:	25		30
For both, assume no residual value and:
Use textbook Exhibit (or the present value of annuity document/chart in this module) where applicable. The discount rate is 8%.
PROJECT REQUIREMENTS:
Arrange a PowerPoint presentation* that you would give/show to your client that clearly identifies your recommendation as to which location is selected for a second restaurant. Additional MUST HAVES, include clearly identified calculations of the four capital budgeting methodologies we have featured in this module, and sufficient information on what these metrics mean, particularly as it relates to your preference decision.