Check my work 2 25 John Wiggins considering the purchase of a small restaurant. The...
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Check my work 2 25 John Wiggins considering the purchase of a small restaurant. The purchase price listed by the seller 5800,000 John has used past financial information to estimate that the net cash flows (cash inflows less cash outflow generated by the restaurant would be at follows (FV of $1. PV of S1 EVA 51. PVA 51. EVAD 01 and PVAD (51) (Use appropriate factor(s) from the tables provided) Yes 1.500,000 2 70.00 60.000 50.000 40. BOOK 10 DE M purchased the restaurant would be held for 10 years and then sold for an estimated $700.000 Required: Determine the present value assuming that John deses a 10% rate of return on this investment assume thows och the end of the year) (Do not round intermediate calculations. Round your final answers to nearest whole doller amount Pret Value 10 0 000 70.000 60 000 S000 04 MC Hell Saveta St 2 of purchased the restaurant would be held for 10 years and then stod forned 5700.000 Required: Determine the present value, assuming that lohndeses a lot of the the end of the Year (Do not found intermediate calculations. Round your final answers to nearest whole collar amount 25 - 10.000 70.000 000 50.000 20.000 TO TON SON 10 10% 20 Nad > ME GE a P
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