Hansel's Outings Is Considering Opening a New Wilderness Trail for Tourists

question 359

Multiple Choice

Hansel's Outings is considering opening a new wilderness trail for tourists. The trail will require $120,000 in fixed assets such as emergency shelters, rest rooms, and first aid stations plus an
Additional $40,000 in net working capital. The project is expected to produce tourism revenue of
$140,000 annually. The annual cash expenses are projected at $75,001. The assets associated with
The project belong in a 25% CCA class. The tax rate is 34%. What is the operating cash flow in the
first year for this project?

• A) $33,000
• B) $48,000
• C) $49,700
• D) $50,000
• E) $53,100

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Definitions:

Loose Cultures

Societal or organizational cultures that have fewer rules, more tolerance for deviation, and a wider acceptance of individual behavior variations.

Expected Behaviours

The actions or reactions that are anticipated in a particular context or role, often based on social, cultural, or organizational norms.

Cultural Distance

The extent to which cultures differ in values.

Work Centrality

The importance of work in an individual's life and its role in defining self-worth, identity, and social status.