Question
A factory costs $300,000. You forecast that it will produce cash inflows of $90,000 in year 1, $150,000 in year 2, and $240,000 in year
A factory costs $300,000. You forecast that it will produce cash inflows of $90,000 in year 1, $150,000 in year 2, and $240,000 in year 3. The discount rate is 11%.
a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Information Systems Control And Audit
Authors: Ron Weber
1st Edition
0139478701, 978-0139478703
