Answer:
NPV = $750,598.49
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = amount invested / cash flow = $1,400,000 / $350,000 = 4 years
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-1,400,000.
Cash flow each year from year 1 to 10 = $350,000.
I = 10%
NPV = $750,598.49
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
This variation in time management is an aspect of their _cultural____ environment.
Explanation:
The working environment of countries differ. This environment also dictates approaches to issues. For example, this Middle Eastern company operates in a cultural environment that does not take issues with time management serious unlike the American counterpart. The prevalent cultural environment may not be easy to overcome. For this reason, companies engaging in international relationships should factor in this consideration of differences in culture whenever they venture outside.