Using the appropriate table from the Chapter 13 Appendix (page 141), record the present value...
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Accounting
Using the appropriate table from the Chapter 13 Appendix (page 141), record the present value factor at 6% for each year and compute the present value cost of leasing.
Cost of LeasingSuburban ClinicComparative Present Value
Not-For-Profit Cost of Leasing:
Year 0
Year 1
Year 2
Year 3
Year 4
Year 5
Net Cash Flow
(11,000)
(11,000)
(11,000)
(11,000)
(11,000)
Present value factor (at 6%)
Present value answer =
Present value cost of leasing =
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