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AysviL [449]
3 years ago
13

Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four

years. If the company uses an 10 percent discount rate, what is the future value of these cash flows at the end of year 4?
Business
1 answer:
maxonik [38]3 years ago
8 0

Answer:

Total= $77,153

Explanation:

Giving the following information:

Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four years.

The discount rate is 10%.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Cf1= 12,900*1.1^3= 17,169.9

Cf2= 16,300*1.1^2= 19,723

Cf3= 18,600*1.1= 20,460

Cf4= 19,800

Total= $77,153

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In response to ______ discrimination, congress passed the equal credit opportunity act.
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In response to <u>credit</u> discrimination, congress passed the equal credit opportunity act. Read below about Equal Credit opportunity.

<h3>What is Equal Credit opportunity?</h3>

The Equal Credit Opportunity Act (ECOA) is a United States law which was enacted on 28 October 1974.

<h3>What is the provision of the Equal Credit Opportunity Act?</h3>

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8 0
2 years ago
SafeMark Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three
andrew-mc [135]

Answer:

70% paid in the month of expenses and remaining paid in next month i.e. (78,400 - 10,000) * 70% = 47,880. (78,400 - 10,000) * 30% = 20,520.

Explanation:

5 0
3 years ago
g Hochberg Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool To
iogann1982 [59]

Answer: $2.81 per machine hour

Explanation:

Wages and salaries $ 423,000

Activity cost pools 10%

Allocated amount = 10% of $423000

= 0.1 × 423000

= $42,300

Depreciation = $112,000

Activity cost pools 10%

Allocated amount = 10% of 112,000

= 0.1 × 112000

= $11200

Occupancy 154,000

Activity cost pools 20%

Allocated amount = 20% of 154000

= 0.2 × 154000

= $30800

Total allocated amount = $42300 + $11200 + $30800 = $84300

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Rate per machine hour = total allocated amount/machine hour

= 84300/30000

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In recent years, a growing number of states have legalized marijuana for recreational purposes. Sales of marijuana are subject t
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Answer:

Option B and C

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Therefore, if the surcharge is brought up, there might be more earnings that the administration can receive after the intake has been legalized and also that income could lead to increased state expenditure in the nation.

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3 years ago
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