This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Jennifer presents a business plan to her bank's loan officer that predicts net cash flows for the ... (Read 78 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
on: Jul 10, 2018
Jennifer presents a business plan to her bank's loan officer that predicts net cash flows for the first three years of 10,000, 15,000, and 8,000 respectively.
 
  If these cash flows occur at the end of each year and the discount rate is 4, what is the total present value of these cash flows? (Round to the nearest whole dollar)
  A) 29,397
  B) 30,596
  C) 35,683
  D) 37,993
  E) 31,114

Question 2

Accounts receivable is an asset representing sales made on credit.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Common ancestry predicts where we should find vestigial limbs Common ancestry predicts where we should find vestigial limbs
Women have even more need than men to plan for retirement; at retirement age they have typically ... Women have even more need than men to plan for retirement; at retirement age they have typically ...
A fuel system tester connected in series in the fuel system so all of the fuel used flows through ... A fuel system tester connected in series in the fuel system so all of the fuel used flows through ...
How to choose the right payment plan with changing conditions (Question 3) How to choose the right payment plan with changing conditions (Question 3)
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library