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Nuetrik [128]
3 years ago
10

The statement of cash flows presents:

Business
1 answer:
Elena-2011 [213]3 years ago
4 0

Answer:

Option C is correct.

Explanation:

The statement of cash flow presents us the information about the cash, where the cash was invested including how much cash we have earned by investing in projects, how much cash the operations has created and how much cash has been created from the financing activities. This statement tells us about the origin of the cash and where the company is spending it.

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Renfroe Corporation is considering the purchase of a machine that would cost $22,712 and would have a useful life of 5 years. Th
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Answer:

option (A) 12%

Explanation:

Data provided :

Purchasing cost of the machine = $ 22,712

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Net annual cash inflow generated per year = $ 6,300

Now,

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on solving the above relation, we get

r ≈ 12%

Hence, option A is correct

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Stage4:

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