How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Annie Kavitha Your Own Question
Annie Kavitha
Annie Kavitha, Teacher
Category: Homework
Satisfied Customers: 1024
Experience:  Master of Commerce
Type Your Homework Question Here...
Annie Kavitha is online now
A new question is answered every 9 seconds

I was hoping you possible might know the answer to this question

This answer was rated:

I was hoping you possible might know the answer to this question as well:

Wally's water world is considering opening a new ride. They paid 120,000 for a marketing survey to determine the demand for such an addition. It determined that Wally's could expect an increase in sales of 520,000 per year. Fixed costs are 178,000 per year and variable costs are 20% of sales. The equipment for the ride will cost 540,000 and depreciate straight line for the four years of product life. Wally is in the 35% tax bracket and require a return of 12%. Calculate payback period, NPV, and IRR and if they should undertake the project

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Annie Kavitha and 2 other Homework Specialists are ready to help you

Related Homework Questions