Question
1.Noble Limited estimated that it would receive future cash flows from the use of equipment as follows: End of Year 1 $20 000 End of
1.Noble Limited estimated that it would receive future cash flows from the use of equipment as follows:
End of Year 1 $20 000
End of Year 2 $70 000
End of Year 3 $40 000
End of Year 4 $30 000
The discount rate was determined as 5%. The 'value in use' of the equipment is:
unable to determine from the information provided.
a.$141 771
b.$160 000
c.$142 727
d.unable to determine from the information provided.
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins
4th Edition
0073527092, 978-0073527093
