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Question 7 of 20 - / 0.4 View Policies Current Attempt in Progress Vaughn Manufacturing will receive $760000 in a future year. If the future
Question 7 of 20 - / 0.4 View Policies Current Attempt in Progress Vaughn Manufacturing will receive $760000 in a future year. If the future receipt is discounted at an interest rate of 12%, its present value is $343786. In how many years is the $760000 received? O 7 years O 8 years O 5 years O 6 years Meyer & Smith is a full-service technology company. They provide equipment, installation services as well as training. Customers can purchase any product or service separately or as a bundled package. Pharoah Corporation purchased computer equipment, installation and training for a total cost of $120960 on March 15, 2021. Estimated standalone fair values of the equipment, installation, and training are $78000, $50400, and $22800 respectively. The transaction price allocated to equipment, installation and training is O $40320, $40320, $40320 respectively. O $62400, $40320, $18240 respectively. O $78000, $50400, $22800 respectively. O $120960 for the entire bundle
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