Problem 6. Justine Global Info Tech records the following cash flows at the end of each year for a project. If the firm's discount rate is 11%, what is the PRESENT VALUE of the project? Year Cash Flow 1 P794,633.00 2 P542,149.00 P836,200.00 P716,080.00 5 P520,354.00

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Problem 6.
Justine Global Info Tech records the following cash flows at the end of each year for
a project. If the firm's discount rate is 11%, what is the PRESENT VALUE of the
project?
Year
Cash Flow
1
P794,633.00
2
P542,149.00
3
P836,200.00
4
P716,080.00
P520,354.00
Transcribed Image Text:Problem 6. Justine Global Info Tech records the following cash flows at the end of each year for a project. If the firm's discount rate is 11%, what is the PRESENT VALUE of the project? Year Cash Flow 1 P794,633.00 2 P542,149.00 3 P836,200.00 4 P716,080.00 P520,354.00
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