FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(Appendix 13A and 13B) A company anticipates a taxable cash receipt of $50,000 in year 4 of a prolect. The company's tax rate is 30%,

image text in transcribed
(Appendix 13A and 13B) A company anticipates a taxable cash receipt of $50,000 in year 4 of a prolect. The company's tax rate is 30%, and its discount rate is 12%. What is the approximate present value of this future cash flow? (Do not round your intermediate calculations and round the final answer to the nearest whole dollar.) Multiple Choice 89533. S15,000. $22,243, 525,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Auditing And Assurance

Advanced Auditing And Assurance

Authors: Louise Kelly

1st Edition

ISBN: 978-1908199362

More Books

Students also viewed these Accounting questions

Question

★★★★★
Fred Jonasson manages a family-owned farm. To supplement several food products grown on the farm, Fred also raises pigs for market. He now wishes to determine the quantities of the available types of...

Answered: 1 week ago

Question

★★★★★
Why do people incorporate?

Answered: 1 week ago

Question

★★★★★
4. Pretend that you are in charge of developing a campaign to prevent eating disorders in teenage girls. What type of campaign would you develop?

Answered: 1 week ago

Question

★★★★★
Shao Airlines is considering two alternative planes. Plane A has an expected life of 5 years, will cost $100 million, and will produce net cash flows of $30 million per year. Plane B has a life of 10...

Answered: 1 week ago

Question

★★★★★
(Appendix 13A and 13B) A company anticipates a taxable cash receipt of $50,000 in year 4 of a prolect. The company's tax rate is 30%, and its discount rate is 12%. What is the approximate present...

Answered: 1 week ago

Question

★★★★★
Johnson Corporation began 2016 with inventory of 27,000 units of its only product. The units cost $7 each. The company uses a periodic inventory system and the LIFO cost method. The following...

Answered: 1 week ago

Question

★★★★★
Question 1: Hypothesis: For an E-commerce company, an instant messaging mobile application is required for day-to-day communications. For a given business use case, derive the scope using concept...

Answered: 1 week ago

Question

★★★★★
(b) Figure Q2 (b) shows the composite cross-sectional area of the C-shape beam. i. Determine the centroid of the beam's cross-sectional area. ii. Determine the moment of inertia of the area about the...

Answered: 1 week ago

Question

★★★★★
Your company has an on-premises Active Directory domain named contoso.com and a Microsoft 365 E5 subscription. You need to implement Microsoft Entra Connect cloud sync. What should you create first?...

Answered: 1 week ago

Question

★★★★★
Using the method analysis described in the textbook, defend the new change implementation process and the rationale for the change of method.

Answered: 1 week ago

Question

★★★★★
YOUR TASK As a Marketing Consultant, advice John Samson by preparing a strategic marketing plan to the Board to position HHRE as the market leader and a viable venture in the real estate business....

Answered: 1 week ago

Question

★★★★★
2-8 Fulbert Timber Merchants in Brixton, UK features a large selection of building supplies, including timber, fencing and decking, mouldings, hardwood flooring, sheet materials, windows, doors,...

Answered: 1 week ago

Question

★★★★★
2-7 Use the Time/Space Collaboration and Social Tool Matrix to classify the collaboration and social technologies used by BASF..

Answered: 1 week ago

Question

★★★★★
2-6 Identify the steps that are performed in the process of selecting and checking out a book from your college library and the information that flows among these activities. Diagram the process. Are...

Answered: 1 week ago

Previous QuestionNext Question