Abdullah is concerning about buying of a gift shop operating at AEON Shah Alam. Based on the shop financial statement, Abdullah estimated the revenue of the shop is RM275,000 per year. The shop cost of goods sold are RM65,000. The other expenses per year for the shops as follows: Expenses Wages and Salaries Utilities charges Repair and maintenance Printing and stationery Promotion Other expenses RM 137,500 9,000 10,000 3,000 5,500 2,200 Based on the information given, compute the selling price of the gift shop if the cash flow discounted at 10 percent using discounted cash flow method.
Abdullah is concerning about buying of a gift shop operating at AEON Shah Alam. Based on the shop financial statement, Abdullah estimated the revenue of the shop is RM275,000 per year. The shop cost of goods sold are RM65,000. The other expenses per year for the shops as follows: Expenses Wages and Salaries Utilities charges Repair and maintenance Printing and stationery Promotion Other expenses RM 137,500 9,000 10,000 3,000 5,500 2,200 Based on the information given, compute the selling price of the gift shop if the cash flow discounted at 10 percent using discounted cash flow method.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
100%
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 2 images
Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education