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slamgirl [31]
3 years ago
6

The Dry Dock is considering a project with an initial cost of $118,400. The project'scash inflows for years 1 through 3 are $37,

200, $54,600, and $46,900, respectively.What is the IRR of this project
Business
1 answer:
aliya0001 [1]3 years ago
6 0

Answer:

8.04%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 =  $-118,400

Cash flow in year 1 = $37,200

Cash flow in year 2 = $54,600

Cash flow in year 3 = $46,900

I = 8.04%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

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Answer:

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Explanation:

<em>Projected sales volume </em>

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mezya [45]

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One of the most typical types of bad debt is credit card debt. Lenders issue credit cards, which let you make purchases on credit. These credit cards frequently have exorbitant interest rates that can soon become out of control.

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Learn more about bad debts here

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