The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
University
| Teaching Since: | Apr 2017 |
| Last Sign in: | 441 Weeks Ago, 1 Day Ago |
| Questions Answered: | 9562 |
| Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Horn Company is evaluating an investment project that has a 6-year life and produces the following cash inflows: Years 1 - 4 ............. $20,000 (each year) Year 5 .................. $30,000 Year 6 .................. ??????? The initial investment for this project is $86,000 and the net present value of this project was calculated to be $5,057 at a cost of capital of 10%. Calculate the amount of the year 6 cash inflow associated with this investment project. Ignore income tax effects.Â
-----------