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Jay Limited estimated that the future cash outflows relating to settlement of warranty obligations would be as follows: In 1 year $40 000 In 2
Jay Limited estimated that the future cash outflows relating to settlement of warranty obligations would be as follows: In 1 year $40 000 In 2 years $50 000 In 3 years $60 000 A government rate for bonds with similar terms, is 6%. What is the present value of the total expected future cash outflow? (Choose the closest as you may get a different answer if you use a financial calculator or tables with a different number of decimal places.)
A$150 000 | ||
B$140 510 | ||
C | $132 563 | |
D | $159 000 |
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