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LenaWriter [7]
3 years ago
8

Peter Pan is moving from Never Never land to Oz. In Oz, he will receive 35,000 dollars per year in perpetuity. He received 25,00

0 per year in Never Never Land and attached a value of 150,000 to being close to Tinker Bell. Determine if the following statement is either True or False Peter’s discount rate could be either 4%, 5%, or 8%
Business
1 answer:
Licemer1 [7]3 years ago
6 0

Answer: True

Explanation:

At 4%

PV = 35,000/4% = 875000

At 5%

PV = 35000/5% = 70000

At 8%

PV = 35000/8% = 437500

At various rates r we can see that the value is greater than what Peter Pan receives in Never Never Land which is $25,000 + $150,000 = $175,000

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Answer:

Allowance for Doubtful Accounts 100 Accounts Receivable 100

Explanation:

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2 years ago
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Yuliya22 [10]

Answer:

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Explanation:

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Answer:

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Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
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