1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DENIUS [597]
2 years ago
7

Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a

project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected.Year 0 1 2 3 4Cash flows −$850 $300 $290 $280 $270a. 13.13%b. 14.44%c. 15.89%d. 17.48%e. 19.22%
Business
1 answer:
IgorLugansk [536]2 years ago
4 0

Answer:

a. 13.13%

Explanation:

Let irr be x%

At irr, present value of inflows = present value of outflows.

850 = 300/1.0x + 290/1.0x^2 + 280/1.0x^3 + 270/1.0x^4

     x = IRR

      = 13.13%

Therefore, The project's IRR is 13.13%

You might be interested in
Which of the following actions would be likely to encourage a firm's managers to make decisions that are in the best interests o
vaieri [72.5K]
I think it is grey with blue tinsel charts... 86/56
8 0
2 years ago
The department within a company that records, measures, and reports monetary transactions is called ______________.
Gnesinka [82]
I believe you’re thinking of the accounting department

hope this helps (:
3 0
3 years ago
A marketer is keeping track of the revenue generated by his campaign. He wants to
lakkis [162]

Answer:

C). A revenue-focused bidding strategy.

Explanation:

As per the details given in the question, <u>'a revenue-focused bidding strategy' </u>will most likely assist the marketer in upkeeping his needs as his<u> key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him</u>. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, <u>option C</u> is the correct answer.

8 0
2 years ago
A(n) _____ is in control of an agency relationship because he or she defines the tasks and objectives of the relationship./pract
NARA [144]

Answer:

Principal

Explanation:

The principal has the right to abolish the relation or set the objectives of the agent and allocation of task and authority delagated to the agent. This control is given to principal by law to protect his interests.

8 0
2 years ago
What is<br> the relationship between supply and<br> demand and price ?
valina [46]

The more supply the lower the price

The higher the demand the lower the supply

The higher price the lower the demand

5 0
3 years ago
Read 2 more answers
Other questions:
  • The management of Furrow Corporation is considering dropping product L07E. Data from the company’s budget for the upcoming year
    14·1 answer
  • Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from
    15·2 answers
  • Your sister just deposited $13,000 into an investment account. She believes that she will earn an annual return of 10.3 percent
    11·1 answer
  • Which of the following is true about the Grange? 1. It established cooperatives for storing and marketing farm output. 2. It pus
    11·1 answer
  • When using the IDRC to assess the external environment the company will look at which of the following?
    10·1 answer
  • Precision Paper Products produces both paper towels and paper napkins. The production process begins with the receipt and pulpin
    10·1 answer
  • Javier spends all his income on peanuts and chewing gum. The last dollar spent on peanuts yeilds 14 utils and the last dollar sp
    9·1 answer
  • The Restaurant Group manufactures the bags of frozen French fries used at its franchised restaurants. Last​ week, purchased and
    15·1 answer
  • The price elasticity of demand for senior citizens purchasing coffee from McDonald's is −5, while non-senior citizens have a pri
    12·1 answer
  • Ok write your age and then multiple it by ten then divide it by your birth year
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!