Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 5.00

Southern California Publishing Company

Southern California Publishing Company is trying to decide whether to revise its popular textbook,Financial Psychoanalysis Made Simple. The company has estimated that the revision will cost $80,000. Cash flows from increased sales will be $21,800 the first year. These cash flows will increase by 3 percent per year. The book will go out of print four years from now. Assume that the initial cost is paid now and revenues are received at the end of each year.

  

If the company requires a return of 8 percent for such an investment, calculate the present value of the project. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

   

  Present value $   

 

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 11:08 PM My Price 5.00

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