An equipment costing P120,000 is expected with an estimated economic life of 6 years, salvage value of P10,000, is expected to bring in net cash inflow of P70,000 in the first year of operations, P50,000 in the second year, P30,000 in the third year, P20,000 in the fourth year, P10,000 in the fifth year and P5,000 in the sixth year. Compute the net present value assuming that the desired rate of return if 18%
An equipment costing P120,000 is expected with an estimated economic life of 6 years, salvage value of P10,000, is expected to bring in net cash inflow of P70,000 in the first year of operations, P50,000 in the second year, P30,000 in the third year, P20,000 in the fourth year, P10,000 in the fifth year and P5,000 in the sixth year. Compute the net present value assuming that the desired rate of return if 18%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An equipment costing P120,000 is expected with an estimated economic life of 6 years, salvage value of P10,000, is expected to bring in net
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