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Garcia Company is considering a $380,000 Investment with the following net cash flows. Garcia requires a 10% return on its investments. The present value of
Garcia Company is considering a $380,000 Investment with the following net cash flows. Garcia requires a 10% return on its investments. The present value of this investment is: Annual Net Cash Present Value of : Flows at 108 Initial investment Year 1 Year 2 Year 3 Year 4 Year 5 1.0000 $ 140,000 100,000 160,000 270,000 90,000 0.9091 0.8264 0.7513 0.6830 0.6209
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
