Assignments: ACG 2071-CRI × y à Chapter Quiz 3 xG Google C ezto.mheducation.com/

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Assignments: ACG 2071-CRI × y à Chapter Quiz 3 xG Google C ezto.mheducation.com/hm.tpx connect ACCOUNTING ter Qulz 3 Question 36 (of 40 The Baker Company purchased a piece of equipment with the following expected results: (ignore income taxes.) Useful life Yearly net cash infiow 0 years value $0 15% Internal rate of return Discount rate Click here to view Exhibit 138-2 to determine the appropriate discount factorts) using tables. The Initial cost of the equipment was: (Round discount factoris) to 3 decimal places, Intermediate and final answers to the nearest dollar amount.) O Cannot be determined from the given information. O $211110 O $200.760 O $360300

Explanation / Answer

$200,760

Present value of net cash inflow = 40,000*5.019 = 200,760

Yearly net cash inflow           40,000 Useful life 10 Internl rate of return 15% PVAF of 15% for 10 year 5.019 Present value of net cash inflow         200,760

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