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lisabon 2012 [21]
3 years ago
15

Consider the following timeline detailing a stream of cash​ flows: The timeline starts at Date 0 and ends at Date 4. The cash fl

ow on Date 0 is indicated by a question mark. On Date 1, the cash flow is 5,000 dollars. On Date 2, the cash flow is 6,000 dollars. On Date 3, the cash flow is 7,000 dollars. On Date 4, the cash flow is 8,000 dollars. If the current market rate of interest is 10​%, then the present value​ (PV) of this stream of cash flows is closest​ to:
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer:

Present value= $20,227.45

Explanation:

Giving the following information:

On Date 1, the cash flow is 5,000 dollars. On Date 2, the cash flow is 6,000 dollars. On Date 3, the cash flow is 7,000 dollars. On Date 4, the cash flow is 8,000 dollars. The current market rate of interest is 10​%.

We need to use the following formula:

PV= FV/(1+i)^n

Date 1= 5,000/1.10= 4,545.46

Date 2= 6,000/1.10^2= 4,958.68

Date 3= 7,000/1.10^3= 5,259.20

Date 4= 8,000/1.10^4= 5,464.11

Total= $20,227.45

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Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick
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Explanation:

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Factory overhead                                       16,940

7 0
3 years ago
ou are considering implementing a lockbox system for your firm. The system is expected to reduce the collection time by 3 days.
Taya2010 [7]

The net present value of this lockbox arrangement is $1,205,378.06.

Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:

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Therefore, the net present value of this lockbox arrangement is $1,205,378.06.

Learn more about maths in brainly.com/question/25903947

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