Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.38 mill
ion. The fixed asset falls into the three-year MACRS class (MACRS schedule). The project is estimated to generate $1,760,000 in annual sales, with costs of $660,000. The project requires an initial investment in net working capital of $350,000, and the fixed asset will have a market value of $330,000 at the end of the project. a. If the tax rate is 25 percent, what is the project’s Year 0 net cash flow? Year 1? Year 2? Year 3? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to two decimal places, e.g., 1,234,567.89.) b. If the required return is 10 percent, what is the project's NPV? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to two decimal places, e.g., 1,234,567.89.)
1 answer:
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Answer:
False
Step-by-step explanation:
A number that can expressed as ,
Where, p and q are integers such that q ≠ 0, is called a rational number.
Also, a decimal number with repeating pattern is a rational number,
( for eg : 0.333.... = )
Since,
√3 = 1.73205080757.....
∴ There is no repeating pattern
Thus, √3 is not a rational number.
Given statement is FALSE.
<h2>Answer:</h2>
There are 1757600 possibilities.
<h2>Step-by-step explanation:</h2>In a certain state, fishing licenses are in the form of LLL NN
L stands for a letter of the alphabet (a to z)
N stands for a one-digit number from 0 to 9.
Now, for the series LLL, 3 alphabets are placed that can be any from a to z. This means at each place, 26 letters can be placed.
Similarly, for NN, 2 numbers are placed that can be any, between 0 and 9. At each place 0 to 9 can be placed.
Hence, the total possible outcomes will be :
=1757600
Therefore the answer is 1757600 possibilities.