KT Enterprises Would Like to Construct and Operate a New

question 44

Essay

KT Enterprises would like to construct and operate a new ice skating rink.In addition to the capital expenditures on the rink,management estimates that the project will require an investment today of $220,000 in net working capital.The firm will recover the investment in net working capital fifteen years from today,when management anticipates closing the rink.The discount rate for this type of cash flow is 8% per year.Calculate the present value of the cost of working capital for the ice skating rink.

---

Definitions:

Homicide Offenders

Individuals who have committed the act of homicide, which is the unlawful killing of another person.

Male

A term used to identify individuals biologically or socially classified as men or boys.

High Risk

Involving a great possibility of experiencing harm or loss.

Elderly

Refers to individuals, typically of age 65 and older, often considered senior citizens or older adults within a society.