Justine Global Info Tech records the following cash flows at the end of each year a project. If the firm's discount rate is 11%, what is the PRESENT VALUE of t project? Year Cash Flow P794,633.00 2 P542,149.00 P836,200.00 P716,080.00 3 4

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 16EA: Project B cost $5,000 and will generate after-tax net cash inflows of $500 in year one, $1,200 in...
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May I ask for an explanation and supporting solution in 2 Decimal place to the problem for a better understanding. Thank you!

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
P542,149.00
P836,200.00
P716,080.00
2
3
4
5
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 P542,149.00 P836,200.00 P716,080.00 2 3 4 5 P520,354.00
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