chap8_mid1_investment_solution

chap8_mid1_investment_solution - Maximum Memberships 650...

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ABC Racquet Club Income Members from previous year New Members Total Members Annual dues per member Annual income from dues Expenses Rent Utilities Salaries Income before taxes Taxes Net income Internal Rate of Return Assumptions and Initial conditions Initial Increase
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Unformatted text preview: Maximum Memberships 650 100 1000 Annual Dues $400 10.0% $500 Rent $60,000 0% Utilities $24,000 5% Salaries $125,000 5% Cost to purchase club $100,000 Initial capital improvement $50,000 First year of forecast 2008 Tax rate 20%...
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chap8_mid1_investment_solution - Maximum Memberships 650...

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