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Nookie1986 [14]
2 years ago
7

A firm is considering a project requiring an investment of $30,000. The project would generate an annual cash flow of $7,251 for

the next six years. The company uses the straight-line method of depreciation with no mid-year convention. Ignore income taxes. The approximate internal rate of return for the project is: __________
a.11%.
b.10%.
c.12%.
d.9%.
Business
1 answer:
Nina [5.8K]2 years ago
3 0

Answer:

c.12%

Explanation:

PVF of  12% for 6 years is 4.11

PVFof 11% for 6 years is 4.23

Present value of cash inflows, 12% = 7251*4.11

Present value of cash inflows, 12% = 29801.61

Present value of cash inflows, 11% = 7251*4.23

Present value of cash inflows, 11% = 30671.73

Internal rate of return = 11% + (30671.73 - 30000)/(30671.73-29801.61)

Internal rate of return = 11.7719969659%

Internal rate of return = 11.772%

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Answer:

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Explanation:

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also, The interest is compounded weekly

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2 years ago
Prompt 1 in his 2015 papal encyclical, laudato si', in which he addresses climate change and our collective responsibility to ca
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Suppose in studying Climate Change we discover that in one country, deserts are going to be created where formerly there was grasslands and an abundance of water and in another place the coastlines are going to be altered. If you are an American, how do you think a politician is going to respond to such a problem.

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6 0
3 years ago
The second step in the marketing research project involves developing the research plan. This includes specifying the ________ f
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Answer:

constraints; data

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In the second step of marketing research, the research plan is developed. This includes making clear the limitations that will be met during the research activities and identifying the information/data needed for marketing decision making. The research plan is aimed at answering or atleast leading to the solution of the research problem identified in the first step. Instrument used to collect information, the type of research to be carried out are all determined at this stage.

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Answer:

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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
eimsori [14]

Answer:

The correct answer is $800

Explanation:

Giving the following information:

Fulbright Corp. uses the periodic inventory system.

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3 years ago
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