ACC202-Ch9-Problem-2

ACC202-Ch9-Problem-2 - Name Date Instructor Course...

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FileName: 844e9b8b27bbaddf8f80df3ba2ce372e54d81441.xls, Tab: Problem P9-2, Page 1 of 2, 06/07/2009, 07:17:53 Name: Date: Instructor: Course: Problem P9-2 Present Value and "What if" Analysis Caribbean/Alaska Caribbean/Canada Net revenue $119,789,010 $103,904,336 Less: Direct program expenses (24,091,051) (22,812,140) Indirect program expenses (19,437,162) (19,437,162) Non-operating expenses (20,186,695) (20,186,401) Add back depreciation 12,021,667 12,021,667 Cash flow per year $68,095,769 $53,490,300 Required: Present value of ship in Caribbean/Alaska itinerary at 10% Formula Present value of ship in Caribbean/Eastern Canada itinerary at 10% Formula Present value of ship in Caribbean/Alaska itinerary at 15% Formula Present value of ship in Caribbean/Eastern Canada itinerary at 15% Formula Narrative answer: Narrative answer: Narrative answer: Managerial Accounting , Second Edition by James Jiambalvo Solving Managerial Accounting Problems Using Microsoft Excel for Windows Templates by Rex A Schildhouse Note: This problem closely parallels the one facing Holland America Line-Westours Inc. in the video on the interactive CD. Be sure to watch this video before finishing the chapter. National Cruise Line, Inc. is considering the acquisition of a new ship that will cost $180,325,005. In this regard, the
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ACC202-Ch9-Problem-2 - Name Date Instructor Course...

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