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
tensa zangetsu [6.8K]
3 years ago
10

Cannonier, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,040 2 1,270 3 1,490 4

2,230 If the discount rate is 9 percent, what is the future value of these cash flows in Year 4
Business
1 answer:
Zolol [24]3 years ago
4 0

Answer:

Total FV= $7,313.7

Explanation:

Giving the following information:

Year Cash Flow 1 $ 1,040 2 1,270 3 1,490 4 2,230

Discount rate= 9% = 0.09

<u>To calculate the future value, we need to use the following formula on each cash flow</u>:

FV= Cf*(1+i)^n

FV1= 1,040*(1.09^4)= 1,468.04

FV2= 1,270*(1.09^3)= 1.644.69

FV3= 1,490*(1.09^2)= 1,770.27

FV4= 2,230*1.09= 2,430.7

Total FV= $7,313.7

You might be interested in
a building rents for $32 per square foot with an index of 1.6. the index increases to 1.9. what is the adjusted rental rate?
soldi70 [24.7K]

The adjusted rental rate is $41.60.

<h3>What is the adjusted rental rate?</h3>

Price index measure the relative change in prices relative to a base year. Changes in indexes give a measure of inflation in the economy. The rental rate would be adjusted for inflation.

Inflation is when the general price level in an economy increases. Inflation can be as a result of an increase in the demand for goods and services or an increase in the cost of production.

The adjusted rental rate can be determined by first calculating the inflation rate and then increasing the rent for the calculated inflation rate.

Inflation rate = 1.9 - 1.6 = 0.3 = 30%

The adjusted rental rate = (1.3) X $32 = $41.60

To learn more about indexes, please check: brainly.com/question/26382640

#SPJ1

5 0
1 year ago
Consider the following: Cash in Bank - checking account of $18, 500 Cash on hand of $500. Post dated checks received totaling $3
lesya [120]

Answer:

b $19,000

Explanation:

The reconciliation between the book balance and the bank statement examines the transactions recorded in either account but omitted in the other and the transactions recorded wrongly in  both accounts.

Given the following transactions

Cash in Bank - checking account = $18, 500

Cash on hand = $500

Post dated checks received =  $3 500 and

Certificates of deposits = $24,000

Cash balance in balance sheet = $18, 500 + $500 + $24,000

= $43,000

The post dated check is not included as the cash is yet to be received. The balance in the post dated check will form part of the receivables balance and not that of cash.

The certificate of deposit may be accounted for as part of cash and cash equivalent as shown in the computation above. Where the certificate of deposit is accounted for as a short term investment,

Cash balance in balance sheet = $18, 500 + $500 = $19,000

4 0
3 years ago
A farmer has the ability to grow either corn or cotton or some combination of the two. Given no other information, it follows th
notsponge [240]

Answer:

The correct answer is c. is equal to 1.

Explanation:

4 0
3 years ago
Read 2 more answers
Leonore's Luxury Leather Footwear Corp. conducted a SWOT analysis and determined that at least 57% of consumers would demand hig
arlik [135]

Option C

This vision of what could happen is known as a forecast

<h3><u>Explanation:</u></h3>

Forecasting and analysis SWOT are promoting accomplices in the business venture. SWOT recognizes the procedures practiced for designing a particular business model according to the company’s possible means and skills, including the circumstances in which the company serves.

It observes positive and negative circumstances both inside and outside the firm, that influence its success. The analysis benefits the company forecast or prognosticates varying trends that help the decision-making process of any business. Precise forecasting reduces risk and provides a measurable improvement in the efficiency of the decisions.

6 0
3 years ago
Give examples of how we do not recognize people as having these rights but make them conditional on success in the marketplace.
Helen [10]

Answer:

Thomas Edison

Explanation:

Thomas Edison early life was very normal. He was born in a poor family. His mother was a school teacher. Thomas Edison did not get recognition until he was successful in inventing the bulb. He did many experiment which failed and no one supported him during this era. He continued his hard work and finally his one of experiment became successful and he invented a bulb. The world then recognized his efforts and made him a hero. His recognition was only based on the success of his experiment and the marketplace.

3 0
2 years ago
Other questions:
  • Havermill co. establishes a $470 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated recei
    5·1 answer
  • Where must all laws dealing with money originate why?
    7·1 answer
  • For each example of a reward, identify whether it is an extrinsic or intrinsic reward.1)The employees were happy with the new la
    6·1 answer
  • Here is the income statement for Tamarisk, Inc. TAMARISK, INC. Income Statement For the Year Ended December 31, 2020 Sales reven
    14·1 answer
  • The following selected transaction were completed by gourmet company during January of the current year:
    10·1 answer
  • William took out a $440,000 mortgage to purchase his personal residence. The residence is worth almost $1 million, and William w
    6·1 answer
  • Cullumber Company reported the following information for 2020: Sales revenue $2410000 Cost of goods sold 1751000 Operating expen
    13·1 answer
  • Industrialization is an important strategy in the fight against poverty. Which of the following is a benefit of an increase in t
    15·1 answer
  • A _________ is the distribution of cash to its owners. This is determined by the board of directors. Multiple choice question. w
    13·1 answer
  • Often Running is a retail store that caters to individuals who enjoy running and walking. However, the store understands that no
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!