The Golf Range Is Considering Adding an Additional Driving Range

question 66

Multiple Choice

The Golf Range is considering adding an additional driving range to its facility. The range would cost $76,000, would be depreciated on a straight line basis over its 7-year life, and would have a zero salvage value. The anticipated income from the project is $34,000 a year with $14,400 of that amount being variable cost. The fixed cost would be $16,200. The firm believes that it will earn an additional $13,000 a year from its current operations should the driving range be added. The project will require $2,000 of net working capital, which is recoverable at the end of the project. What is the internal rate of return on this project at a tax rate of 34 percent?

• A) 7.53 percent
• B) 9.29 percent
• C) 11.47 percent
• D) 12.68 percent
• E) 14.04 percent

Recognize the impact of genetic and environmental factors on the development of personality disorders.

Distinguish between different types of personality disorders and their diagnostic clusters.

Explain the role of emotional intelligence in managing and understanding emotions in the context of personality disorders.

Describe the relationship between autonomic nervous system arousal and antisocial personality disorder.