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Business, 29.01.2021 21:50 maylinox4330

Revenues generated by a new fad products are forecast as follows: Year 1 revenues is $65,000, year 2 is 50,000, year 3 is 40,000 and year 4 is 30,000 and thereafter 0. Expenses are expected to be 40% of revenues, and working capital is required in each year is expected to be 20% of revenues in the following year. The product requires an immediate investment of $60,000 in plant and equipment.

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