50. An investment of $773,640 is expected to generate cash flows of $200,000 in Year 1, $300,000 in Year 2, and $500,000 in Year 3. What is the internal rate of return? A. less than 8% B. between 8% and 11% C. between 11% and 14% D. greater than 14%
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Capital budgeting
50. An investment of $773,640 is expected to generate cash flows of $200,000 in Year 1, $300,000 in Year 2, and $500,000 in Year 3. What is the
A. less than 8%
B. between 8% and 11%
C. between 11% and 14%
D. greater than 14%
51. You will need $15,000 at the end of each of the next four years. If an interest rate of 8% is appropriate, what is the
A. $44,100.00
B. $49,681.50
C. $36,230.79
D. $45,559.50
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