Financial Management: Principles and Applications, 13/e

Study Problems

MyFinanceLab

Go to www.myfinancelab.com to complete these exercises online and get instant feedback.

Click here to open your MyFinanceLab Study Plan and work these interactive problems online.

Forecasting Project Cash Flows

1. 12–1. (Identifying incremental revenues from new products) Morten Food Products, Inc., is a regional manufacturer of salty food snacks. The firm competes directly with the national brands including Frito-Lay—but only in the southeastern part of the United States. Next year Morten expects total revenues of $300 million from its various chip products. Moreover, a new line of baked chips is expected to produce ...