Create an Excel spreadsheet that calculates the internal rate of return for the following set of cashflows: Period 012345 Cashflow $1123.01 $100 $100 $100 $100 $ 1,100 Note your spreadsheet should calculate the present value of each of the individual cashflows as well as the sum based on your IRR input. Once you have completed your IRR calculation check your work with the Excel IRR function

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 15MCQ: A worksheet approach to preparing the statement of cash flows a. is a useful aid. b. uses a...
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Create an Excel spreadsheet that calculates the internal
rate of return for the following set of cashflows: Period
012345 Cashflow $1123.01 $100 $100 $100 $100 $
1,100 Note your spreadsheet should calculate the
present value of each of the individual cashflows as well
as the sum based on your IRR input. Once you have
completed your IRR calculation check your work with
the Excel IRR function
Transcribed Image Text:Create an Excel spreadsheet that calculates the internal rate of return for the following set of cashflows: Period 012345 Cashflow $1123.01 $100 $100 $100 $100 $ 1,100 Note your spreadsheet should calculate the present value of each of the individual cashflows as well as the sum based on your IRR input. Once you have completed your IRR calculation check your work with the Excel IRR function
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