Answer:
MIRR = 4.32%
Explanation:
year cash flow
0 -$795,000
1 $375,000
2 -$500,000
3 $600,000
4 $400,000
Since there are 2 cash outflows, the IRR calculation would result in two different answers (1 for every cash outflow), that is why we use the MIRR function in excel.
=MIRR (cash flows, finance rate, reinvestment rate)
=MIRR (-795000 to 400000, 5.5%, 5.5%)
Since we are only given one interest rate, we will use it as our finance rate and our reinvestment rate.
MIRR = 4.32%
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The correct answer is option D
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The statement mentioned above regarding manufacturing in the United States is true.
<h3>What is manufacturing?</h3>
Manufacturing refers to the changing or conversion of the raw material into finished products and deliver it to the customers directly or indirectly. The manufacture of the products in order to maximize their profits and satisfy the needs of the customers.
More young individuals entering the industrial industry could have a significant impact on the manufacturing growth in the United States. Young people use their creativity and knowledge to increase the production.
The number of people has increased in manufacturing sectors. Therefore, it can be concluded that the statement mentioned above is true.
Learn more about manufacturing here:
brainly.com/question/13740503
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Answer:
The correct answer is option A.
Explanation:
The assessment value can be found by calculating the ratio of assessed value of a property to its market value.
Market value is the rate at which the property can be sold in the open market.
The assessed value is the value given to the property by the assessor's office in order to estimate property taxes.
