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
9966 [12]
3 years ago
11

Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 950 2 1,180 3 1,400 4 2,140

a. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4?
Business
1 answer:
Anon25 [30]3 years ago
3 0

Answer:

$6,225.08

Explanation:

The computation of the future value of these cash flows in year 4 is shown below:

= Year 1 cash flow × (1 + interest rate)^year + Year 2 cash flow × (1 + interest rate)^year + Year 3 cash flow × (1 + interest rate)^year + Year 4 cash flow × (1 + interest rate)^year

= $950 × 1.08^3 + $1,180 × 1.08^2 + $1,400 × 1.08^1 + $2,140

= $950 × 1.259712  +  $1,180 × 1.1664  + $1,400 × 1.08 + $2,140

= $1,196.7264  + $1,376.352  + $1,512  + $2,140

= $6,225.08

You might be interested in
Fried donuts has sales of $764,900, total assets of $687,300, total equity of $401,300, net income of $68,200, and dividends pai
Tomtit [17]
Internal growth rate = Net income / Total Assets
Net income = $68,200 
Total assets = $687,300
Internal growth rate 
= $68,200 / $687,300
= 0.099228 x 100%
= 9.92 %
Fried Donuts has an internal growth rate of 9.92%.
5 0
3 years ago
The government document that grants permission to establish a corporation is called a
frosja888 [35]
Are there any answer choices or is it a blank?
5 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of dir
Norma-Jean [14]

Answer:

18,500 WIP balance at September 30th

Explanation:

Job A3B

3,500 direct materials

5,000 direct labor

10,000 Overhead (200% of labor = 5000 x 200%)

18,500 WIP balance at September 30th

The cost added during October will be part of October calculation, on September we should work with September values.

4 0
3 years ago
Race is best defined as _____.
nirvana33 [79]
A socially constructed category made up of people who share biologically transmitted traits
7 0
2 years ago
General Electric is a company that used________to acquire and hold companies in the aerospace, consumer appliances, entertainmen
inn [45]

Answer:

The answer is Conglomeration

Explanation:

This is a term that describes the process by which a conglomerate is created, and a conglomerate is a corporation that owns a number of different businesses that are unrelated.

Another trait of a conglomerate is that every one of the conglomerate's subsidiaries operate independently of each other, but each subsidiary reports to the parent company.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Farrel Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just compl
    13·1 answer
  • Elena is the senior manager of a scientific operations team at a well-known clinical research organization. The organization del
    8·1 answer
  • What is the best way to finance your own business?
    7·1 answer
  • What does it mean for a credit to transfer
    14·2 answers
  • When his supervisor approached him about his quality issues, Joe replied that lately he has been having a string of bad luck. In
    7·1 answer
  • A​ firm's market offering might include a range of options from​ ________ such as gasoline or toasters at one end to​ ________ s
    12·1 answer
  • if real gdp in 1995 was $4053.7 billion and nominal gdp in 1995 was $4220.3 billion, what was the value of the gdp deflator in 1
    6·1 answer
  • The argument that econometric policy evaluation is likely to be misleading if policymakers assume stable economic relationships
    12·1 answer
  • Overboard Corporation uses the FIFO method in its process costing system. In the Cutting Department in June, units were 80% comp
    7·1 answer
  • In January 2012, one US dollar was worth 50.0 Indian rupees. Suppose that over the next year the value of the Indian rupee decre
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!