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Kelley\'s Baskets makes handmade baskets for distribution to upscale retail outl

ID: 1174672 • Letter: K

Question

Kelley's Baskets makes handmade baskets for distribution to upscale retail outlets. The firm is currently considering making handmade wreaths as well. Which one of the following is the best example of an incremental operating cash flow related to the wreath project? o storing supplies in the same space currently used for materials storage. O Utilizing the basket manager to oversee wreath production O Hiring additional employees to handle the increased workload should the firm accept the wreath project. O Researching the market to determine if wreath sales might be profitable before deciding to proceed. O Planning on lower interest expense by assuming the proceeds of the wreath sales will be used to reduce the firm's currently outstanding debt.

Explanation / Answer

2-

cash outflow

-28000-2800

-30800

Year

cash flow

present value of cash flow = cash flow/(1+r)^n r = 145

0

-30800

-30800

1

32500

28508.77

2

32500

25007.69

3

32500

21936.57

4

32500

19242.61

5

32500

16879.48

6

32500

14806.56

7

35300

14107.2

net present value

sum of present value of cash flow

109688.9

cash flow in year 7

32500+2800

35300

1-

Hiring additional employees to handle the increased workload should the firm accept the wreath project

2-

cash outflow

-28000-2800

-30800

Year

cash flow

present value of cash flow = cash flow/(1+r)^n r = 145

0

-30800

-30800

1

32500

28508.77

2

32500

25007.69

3

32500

21936.57

4

32500

19242.61

5

32500

16879.48

6

32500

14806.56

7

35300

14107.2

net present value

sum of present value of cash flow

109688.9

cash flow in year 7

32500+2800

35300

1-

Hiring additional employees to handle the increased workload should the firm accept the wreath project