you are the senior mgt accountant in the head office of tightfit,a large fitness group....
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you are the senior mgt accountant in the head office of tightfit,a large fitness group. you report to the financial controller,Lara Lyvra. Tightfitt currently owns and runs 25 gyms throughout Australia and new Zealand. Lara informs you that the marketing department would like to add a climbing wall to the facilities in each of its gyms,all of which have sufficient room to build this additional facility. Based on the prototype created within one Adelaide gyms,the marketing department has provided the following estimates for your use in analysing discounted cash flow,payback and discounted payback periods. All price and cost estimates are axclusive at GST. 1. Calculate the net present value of the climbing wall within one tightfitt gym
2. Calculate the payback period
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