Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 04, 2024

Joshua expects the cash inflow from investment to be $50,000 after three years. Its target rate of return is 15%. Calculate the present value using

Joshua expects the cash inflow from investment to be $50,000 after three years. Its target rate of return is 15%. Calculate the present value using the following discount factor table: Year Discount factor 15% 1 0.870 2 0.756 3 0.658.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Certainly Ive been sharpening my skills in calculating present values Given a ... 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

Step: 3

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

Cost management a strategic approach

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

5th edition

73526940, 978-0073526942

More Books

Students also viewed these Accounting questions

Question

★★★★★

CoursHeroTranscribedText: A 5-year loan in the amount of $48,000 is to be repaid in equal annual payments. What is the remaining principal balance after the third payment if the interest rate is 5...

Answered: 1 week ago

Question

★★★★★

Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...

Answered: 1 week ago

Question

★★★★★

We are about to make an investment that is going to generate a given cash flow in the next 11 years annually at the end of each years. Similar investments offer 10.8% annual percentage rate. Assuming...

Answered: 1 week ago

Question

★★★★★

1- The z-axis carries filamentary current of 10. A. Find Hat (-3,74,0) ? p= = = 2- The Y-axis carries filamentary current of 10 A. Find H at (-3,4,1) ? p= ,= = p= , = H p= 3- The X-axis carries...

Answered: 1 week ago

Question

★★★★★

One approach to understanding corruption perceptions is to compare information across a variety of countries. Your company has had operations in South America for some time. However, there has not...

Answered: 1 week ago

Question

★★★★★

Target built upon its brand promise Expect More. Pay Less. to launch a campaign under the tagline What we value most shouldnt cost more. Discuss how the campaigns tagline aligns with changing...

Answered: 1 week ago

Question

★★★★★

=+c) What were the treatments? Chapter Exercises

Answered: 1 week ago

Question

★★★★★

Manufacturing Firm Kildeer Company makes easels for artists. During the last calendar year, a total of 30,000 easels were made, and 31,000 were sold for $52 each. The actual unit cost is as follows:...

Answered: 1 week ago

Question

★★★★★

Use following information to answer the next two questions. Company K uses a periodic inventory system and has the following sales and purchases for the month of May: Compute the cost of goods sold...

Answered: 1 week ago

Question

★★★★★

Question 8 of 30 View Policies Current Attempt in Progress Compute the IRR on the following cash flow streams: -/0.35 : a. An initial investment of $30,004 followed by a single cash flow of $45,790...

Answered: 1 week ago

Question

★★★★★

A pressure-fed monopropellant thruster has a 2 m propellant tank. The propellant tank is pressurized to 12 MPa by helium, which enters through a regulator that keeps the pressure in the propellant...

Answered: 1 week ago

Question

★★★★★

You are trying to learn whether a training program leads to higher post training wage rates. You compare the average wage rates for workers who went to training to the average wage rates for workers...

Answered: 1 week ago

Question

★★★★★

Cynthia uses hours to determine her internet use. Over a 4 week period in September, she used her internet for a total of 7 7 6 hours, of which 2 2 3 hours were used for work purposes. Her internet...

Answered: 1 week ago

Question

★★★★★

Gigabytes Computers, Inc, manufactures two styles of computer keyboards, the multimedia Keyboard and the Comfort Type keyboard. The company uses activity based costing to allocat overhead costs to...

Answered: 1 week ago

Question

★★★★★

Evelyn monitors the number of influenza infections reported in a city in a given week The recent numbers are shown in this table: Week Number of People 0 16 1 32 2 64 3 128 The reported infections...

Answered: 1 week ago

Question

★★★★★

Help Save & Exit The Step Company has the following information for the year just ended: Sales in units Sales Less: Variable Expenses Contribution Margin Less: Fixed Expenses Operating Income Budget...

Answered: 1 week ago

Question

★★★★★

Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...

Answered: 1 week ago

Question

★★★★★

The manager of a firm is happy to receive a report that shows a favorable total materials variance of $75. The manager decides that no more action is needed since the total variance is such an...

Answered: 1 week ago

Question

★★★★★

How do total variable costs, total fixed costs, average variable costs, and average fixed costs react to changes in the cost driver?

Answered: 1 week ago

Question

★★★★★

Bowman Specialists Inc. (BSI) manufactures specialized equipment for polishing optical lenses. There are two modelsone (A25) principally used for fine eyewear and the other (A10) for lenses used in...

Answered: 1 week ago

Question

★★★★★

The sales manager for the Fox News TV station affiliate in a southern Florida city recently surveyed 20 advertisers and asked each one to rate the service of the station on the following scale: He...

Answered: 1 week ago

Question

★★★★★

For each of the following variables, indicate the level of data measurement: a. Product rating {1 = excellent, 2 = good, 3 = fair, 4 = poor, 5 = very poor} b. Home ownership {own, rent, other} c....

Answered: 1 week ago

Question

★★★★★

Mount Hillsdale Hospital has more than 4,000 patient files listed alphabetically in its computer system. The office manager wants to survey a statistical sample of these patients to determine how...

Answered: 1 week ago

Previous Question Next Question