Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next 4 years, what would be the net present value (rounded to the nearest dollar) of the investment, (assuming an earnings rate of 10%) ? a. $25,360 b. $5,360 c. $4,296 d. $352
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next 4 years, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance according to the company's records at August 31, $24,930.
Answers (1)
Victor is the recipient of $1 million from a lawsuit. Victor decides to use the money to purchase a small business in Florida. His business operates in a perfectly competitive industry.
Answers (1)
Research conducted on firms' dividend policies over time support which one of the following conclusions? A. Aggregate dividends and stock repurchases have steadily declined in real terms. B. Dividends are currently paid by the vast majority of firms.
Answers (1)
State whether each event (1) increased, (2) decreased, or (3) had no effect on the total assets of the business. Identify any specific asset affected. If no effect, indicate the reason.
Answers (1)
Red Rock Bakery purchases land, building, and equipment for a single purchase price of $460,000. However, the estimated fair values of the land, building, and equipment are $168,000, $308,000, and $84,000, respectively, for a total estimated fair
Answers (1)
New Questions in Business
Fox Co. sold used equipment for a cash amount equaling its carrying amount for both book and tax purposes. Later that year, Fox replaced the equipment by paying cash and signing a note payable for new equipment.
Answers (1)
Which law provides safety from sexual harassment
Answers (2)
Standardization is associated with which of the following management orientations? A) Ethnocentric orientation B) polycentric orientation C) regiocentric orientation D) geocentric orientation
Answers (2)
Identify the principle of internal control to each of the following cases. 1. Cash is locked in a safe overnight. 2. Employees who receive shipments of goods do not have access to the accounting records for merchandise. 3.
Answers (1)
Turner Company issued $300,000 of 6%, 5-year bonds at 98. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date? a. $18,000 b. $9,000 c. $18,600 d. $19,200
Answers (1)