The lunch counter is expanding and expects operating cash flows of $49,500 a year for nine years as a result. this expansion requires $36,500 in new fixed assets. these assets will be worthless at the end of the project. in addition, the project requires $2.200 of net working capital throughout the life of the project. what is the net present value of this expansion project at a required rate of return of 15.6 percent?

a. $194.736.05
b. $201.033.33
c. $192.536.05
d. $188.569.91
e. $19313281

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration