McCann Co. has identified an investment project with the following cash flows.
Year Cash Flow
1 $820
2 1,130
3 1,390
4 1,525
Required:
a. If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
b. What is the present value at 16 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)c. What is the present value at 25 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Partnerships are the most common type of business firms in the world. t/f

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false