Question
Your company anticipates the introduction of environmental protection laws 3 years from now. Under these laws, you will have to pay an environment tax of
Your company anticipates the introduction of environmental protection laws 3 years from now. Under these laws, you will have to pay an environment tax of $5,000 at the end of each year. If the rate is 6% p.a., what is the present value of your companys obligation under this law?
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Wiley CIAexcel Exam Review 2018 Part 1 Internal Audit Basics
Authors: S. Rao Vallabhaneni
1st Edition
1119482569, 978-1119482567
