Educo Solution (BSR 2B01)
California University Of Pennsylvania
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Educo - Solution(1)
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Educo - Solution(1) 
Student Nr _________________________________________________________________ 
Suggested Solution 
Part (a) 
Determine the financial feasibility of the new proposed Educo School in George.	Marks 
	R’000	 
	0	2018	2019	2020	2021	2022	2023	2024	 
Rezoning – sunk									 
Land	(25 000)								1 
Building	(32 000)	(56 000)							1 
Furniture, fixtures and equipment		(5 300) 							1 
School fees revenue (Note 1)			8 490	17 998	28 617	40 445	53 589	68 166	 
Staff costs (Note...
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