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
15

An investment that costs $105,000 today is expected to produce the following cash inflows over each of the next five years: $20,

000; $25,000; $23,000; $22,000; $21,000. What is the IRR (compounded annually) for this investment
Business
1 answer:
bearhunter [10]3 years ago
6 0

Answer: 1.89%

Explanation:

You can use Excel to find the IRR here:

Investment amount should be first as shown and should be in negative.

The cash flows will then follow each other by year.

Use the =IRR formula to select all the cells and the IRR will show.'

IRR here = 1.89%

You might be interested in
What role has venture capitalism played in the market place?
bekas [8.4K]

Answer:

The summary of the matter in question is mentioned throughout the subsection below.

Explanation:

  • Venture Capital seems to be an age-old term although in previous centuries this same industry has changed.
  • A venture capitalist plays a very important role throughout organizing early-stage investment, attracting top management abilities candidates, promising technological start-ups, and innovative product manufacturer's professional assistance as well as other support facilities.

6 0
3 years ago
The County Auditor is the Chief ____ Officer of a county.
Leto [7]

Answer:

The County Auditor is the Chief <u>Fiscal</u> Officer of a county.

Explanation:

The County Auditor is Chief Fiscal Officer of the county. The primary responsibility of the county auditor is to account from the receipts and collection of funds by the county to the disperment of the funds to different county agencies. The county auditor also maintains the records of the movement of the county assets.

3 0
3 years ago
Your career goals might help determine the postsecondary educational institute you attend.
Phantasy [73]

Answer:

true

Explanation:

What you do now or what your planning on doing can always determines what you can possibly do next. But you have to make sure your not doing or posting anything bad on the internet or else they won't hire you.

7 0
3 years ago
"when a profit-maximizing firm in a competitive market has zero economic profit, accounting profit"
Nonamiya [84]
"when a profit-maximizing firm in a competitive market has zero economic profit, accounting profit"

The answer is positive.

8 0
3 years ago
Wisdom Toys has budgeted sales and production over the next quarter as follows: Unit Sales Production September 43,000 44,400 Oc
baherus [9]

Answer:

$12,800

Explanation:

This can be calculated as follows:

November sales in unit = 64,000

Since Wisdom Toys requires that 20% of the next month’s sales in units are on hand at the end of each month, we have:

Number of video games in inventory at October 31 = November sales in unit * 20% = 64,000 * 20% = 12,800

Therefore, 12,800 video games in inventory at October 31.

7 0
3 years ago
Other questions:
  • To lease a new car, you must make a down payment when you sign the lease, then pay $199 per month. six months after signing his
    15·1 answer
  • Which is a valid counterargument to the call for higher tariffs to save u.s. jobs? imports may eliminate some u.s. jobs, but the
    8·1 answer
  • Select the correct answer. Kendra is introducing a new range of products in a display at the store where she is the manager. She
    6·1 answer
  • The primary reason many people become entrepreneurs is to:
    5·1 answer
  • How to stop smoking<br><br> plz help<br> im spent £40 a day
    14·2 answers
  • The Anazi Leather Company manufactures leather handbags (H) and moccasins (M). The company has been using the factory overhead r
    14·1 answer
  • Suppose that a business incurred implicit costs of $500,000 and explicit costs of $5 million in a specific year. If the firm sol
    6·1 answer
  • Rolando purchases 13 shares of COIN at $325 per share. If he sells the
    7·1 answer
  • Endorsement occurs when an athlete licenses his or her name to be used as a type of testimonial for a product or service.
    11·1 answer
  • True or false: unlike the economic system of a country, the legal system is not influenced by the prevailing political system.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!