The National Park Service is considering hosting visitors in one of their wilderness areas in...
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The National Park Service is considering hosting visitors in one of their wilderness areas in Ulu Yam, Selangor. with initial investment of $750,000 the park is projected to have 20,000 visitor in the first year. On average visitors stay 3 hours in the park before back. what is the project's B/C if each hour represents profit $10/ hour per visitor. Assume that the desert forest area will have a useful life expectancy of 22 years, a salvage value of $75,000, annual maintenance cost of $32000 and 5% annual interest rate.
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