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Kazeer [188]
3 years ago
7

The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u

p." As a result, the cemetery project will provide a net cash inflow of $97,000 for the firm during the first year, and the cash flows are projected to grow at a rate of 4% per year for the following 5 years, at which time the business will be closed. The project requires an initial investment of $1,500,000. If Yurdone requires an 11% return, should the cemetery business be started? (Note: to calculate the next years cash flow, multiply last years cash flow by 1 + the growth rate. For example, cash flow for year 2 will be $97,000*(1+4%) = $100,880 ).

Business
1 answer:
omeli [17]3 years ago
7 0

Answer:

See attached pictures.

Explanation:

See attached pictures for explanation.

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This should be True.
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The answer is attached below

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In this problem, I believe what we are asked to do is to identify the type of variable the 2nd variable is. We are given that the 2nd variable is “7 jumps”.  This means that the 2nd variable is quantitative because it refers to or relating to a measurement of something rather than the quality. We also know that jumps can only take whole numbers, not decimal. Therefore it is also discrete. Hence, the 2nd variable is:

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