Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. kingbird recently invested in a project with a 3-y

Kingbird recently invested in a project with a 3-year life span. The net present value...

80.2K

Verified Solution

Question

Accounting

image
Kingbird recently invested in a project with a 3-year life span. The net present value was $10000 and annual cash inflows were $33000 for year 1: 35000 for year 2; and $37000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was PV of an Annuity Present Value Year of lat 15% 1 0.870 2 0.756 3 0.658 of lat 15% 0.870 1.626 2.283 $66030 $59090 $69516 $81350

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

Briefly discuss any source of errors in the HPLC Lab ''Liquid Chromatographic Analysis of Analgesic Powders''

Chemistry
Q

A mixture of 92 kg of ZrO2 with 8 kg of CaO is melted into...

Mechanical Engineering
Q

Use 6.89 days as a planning value for the population standard deviation. Assuming 95% confidence, what...

Basic Math
Q

Highpoint owns a 95 percent majority voting interest in Middlebury. In turn, Middlebury owns an 80...

Accounting
Q

low based on whether they are reactants of cellular respiration or photosynthesis Click and drag...

Biology
Q

ne n 31 Consider the metal coin in figure The right half is polished while...

Physics
Q

The ends of a wire are connected to the terminals of a battery. For which...

Physics
Q

1The scores on a test are normally distributed with a mean of 200 and a...

Basic Math
Q

Polk Community College wants to construct a rectangular parking lot on land bordered on one...

Algebra
Q

The Commissioner of Internal Revenue ("Commissioner") appeals the Tax Court's decision that he abused his...

Accounting
Q

John Delivery services Ltd. Is a company dedicated to the delivery of merchandises purchased online...

Accounting
Q

Consider a futures contract on the price of the euro against the dollar, maturing in...

Finance