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
Katarina [22]
3 years ago
15

Turner Enterprises is analyzing a project that is expected to have annual cash flows of $77,400, $21,300 and -$6,200 for Years 1

to 3, respectively. The initial cash outlay is $84,900 and the discount rate is 11 percent. What is the modified IRR
Business
1 answer:
pentagon [3]3 years ago
7 0

Answer:

8.26%

Explanation:

Calculation to determine the modified IRR

First step is to calculate the Modified Year 2 cash flow

Modified Year 2 cash flow = $21,300 + (-$6,200)/1.11

Modified Year 2 cash flow= $15,714.41

Now let determine the Modified IRR

Modified IRR:$0 = -$84,900 + $77,400/(1 + IRR) + $15,714.41/(1+ IRR)^2

Modified IRR= 8.26%

Therefore the modified IRR is 8.26%

You might be interested in
In late December you​ decide, for tax​ purposes, to sell a losing position that you hold in​ Twitter, which is listed on t
sukhopar [10]

Answer:

a. The Bid/Ask spread is $0.03.

b. The statement is “False”.

c. The Bid/Ask spread at the time trade was executed is $0.02.

d. The Total Round-Trip Transaction Costs is $107.90 and the Bid/Ask spread is $0.09. It is important to have a lower commission charge. So the correct statement is “Statement C”.

Explanation:

Please check the file attached below to see the solution to given question

7 0
3 years ago
What should a company consider when choosing a celebrity to endorse its products? Explain.
777dan777 [17]
A company should look at the image of the celebrity, and the things they do outside of their job. Company’s don’t want to endorse an athlete or celebrity that could do something to jeopardize their image, and pull consumers away from their company
7 0
3 years ago
Nicola borrows 50000 dollars from a bank that charges interest at an annual rate of 8 percent, compounded monthly. Calculate the
frozen [14]

Answer: $387.23

Explanation:

Given that,

Borrowed from bank, P = $50,000

Annual interest rate, r = 8% = 0.08

Monthly rate of interest = \frac{0.08}{12}

                                       = 0.0067

Tenure(period), n = 25 years = 25 × 12

                                                = 300 months

Monthly\ Installments=\frac{P\times r\times (1+r)^{n}}{[(1+r)^{n}-1]}

Monthly\ Installments=\frac{50,000\times 0.0067\times (1+0.0067)^{300}}{[(1+0.0067)^{300}-1]}

=\frac{50,000\times0.0067\times7.413453}{7.413453-1}

= \frac{2,483.50676}{6.413453}

      = 387.23

Therefore, the required monthly payment is $387.23

7 0
3 years ago
As part of the initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a so
yuradex [85]

Answer: $30,923

Explanation:

From the question, we are told that as part of an initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a sole proprietorship. Out of the amount, $1,367 is deemed completely worthless and for the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $848.

The amount debited to accounts Receivable for the new partnership will be the difference between the account receivable balance and the amount that was deemed worthless. This will be:

= $32,290 - $1,367

= $30,923

Therefore, the amount debited to Accounts Receivable for the new partnership will be $30,923

3 0
4 years ago
which characteristic that may pose a potential nutrition problem would the nurse identify in a preterm neonate
Bond [772]

The immature sucking reflex is the characteristic that may pose a potential nutrition problem in a preterm neonate.

Immature sucking reflex- Th reflex of sucking doesn't start at the 32nd week of pregnancy and is not fully developed till the 36th week. If the baby is born prior to the 36th week, it will not allow the sucking reflex to be fully devloped. The immature sucking reflex will not allow the baby to consume the milk of the mother or the food required for development. Such immaturity of reflex will lead to the nutrition problem because of a lack of sufficient intake.

Later infants may develop various diseases and can be anemia. the infant requires extra care in such a situation, the increase in the flow of milk may help the infact in intake.

To learn more about the preterm neonate please click on the link brainly.com/question/8985665

#SPJ1

8 0
2 years ago
Other questions:
  • At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w
    9·1 answer
  • Royal bank quotes a value for the japanese yen (¥) of $0.007, and a value for the canadian dollar (c$) of $0.821. the cross exch
    14·1 answer
  • You belong to a group of local entrepreneurs that owns a 10-acre blueberry farm. You could farm the land yourselves, or rent it
    10·1 answer
  • All transactions must be posted before preparing a trial balance. True false
    10·1 answer
  • What does a hanging indent look like? ​
    14·2 answers
  • Low Prices are usually the first thing that a client looks for in a cosmetologist
    12·1 answer
  • You invested a total of $8,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends.
    14·1 answer
  • A balanced diet contains all the ingredients needed to maintain homeostasis. Many important compounds in the body contain nitrog
    10·1 answer
  • If you have seen the anime my pfp is from you awesome
    15·1 answer
  • Can someone add my class code on remind im bo.red asl
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!