Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a project has expected cash inflows, starting with

A project has expected cash inflows, starting with year 1, of $6,200, $9,700, $10,200 and...

60.1K

Verified Solution

Question

Accounting

A project has expected cash inflows, starting with year 1, of $6,200, $9,700, $10,200 and finally in year 4, $8,000. The profitability index is 1.2 and the discount rate is 8%. What is the initial cost of the project? a. $166,223.53 b. $19,468.23c. $23,361.88d. $28,034.26e. $33,641.11

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 3i If the expression above is rewritten in the form a where a and...

Geometry
Q

In a series of projects I determined linear correlation coefficients between various explanatory and response variables. Rank...

Statistics
Q

correctly list the molecules in order of increasing boiling point (from lowest to highest)? a.)CH3CH2CH2-OH b.)CH3CH2CH2CH3 c.)CH3CH2-OH I know the...

Chemistry
Q

In the circuit below, all four resistors are identical (R? = R? = R3 =...

Physics
Q

0 Two periodic waves of intensities I and 1 pass through a region at the...

Physics
Q

Republicans widespread lack of trust in institutions like the news media which sponsors a great...

Basic Math
Q

5 If f x kx 8 and f 40 2 find the k value

Algebra
Q

B2B Company is considering the purchase of equipment that would allow...

Accounting
Q

Plug...

Accounting
Q

Assignment Details There is a high school accounting intern working in your office for the...

Accounting
Q

Daisy Company has 1,000 shares of 8%, $100 par cumulative preferred stock outstanding at December...

Accounting
Q

Wildhorse Aristocrat nc.(WA) borrowed $210,000 from Grow Business Bank to finance the purchase of equipment...

Accounting