hello, please find out how to do it, I've used various methods and I can't...

50.1K

Verified Solution

Question

Finance

hello, please find out how to do it, I've used various methods and I can't find the numbers
i already answer -328,529 but its wrong image
Incorrect Question 10 0725 pts Swindler Ltd has completed a feasibility study costing $17,931 to determine if there is any benefit in purchasing a new asset. The machine will cost $299,206 and an additional $17,363 will need to spent to have the machine in operational state. Before the machine can be used staff must be trained at a further cost of $5,740. The project is expected to last for 5 years and the Taxation Office has confirmed this. At the end of the project the machine will be fully depreciated. Initial advertising costs are expected to $30,500 and additional stock of $6,220 will be needed. Wages will change from $87,771 to $66,788 and Fixed Costs will remain at $61,944. The new machine is expected to produce sales of $1,285,761 in the first year and will grow by 12% each year of the project. Material costs will be 29% of sales in each year. You are required to calculate the net cash flow (round to the nearest dollar and DO NOT include $ sign) that would appear in Year O of a Capital Budget. Assume the Australian Company tax Rate applies. -328,529

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students