Multiple Choice
KPop estimates their embossing machine will last another three years and will generate the following cash flows: Year 1 2 3
$ 5,000 $ 6,000 $ 6,500
Using a rate of 6% what would the equipment's value in use?
A) $ 15,514
B) $ 16,458
C) $ 16,700
D) $ 33,111
Correct Answer:
Verified
Correct Answer:
Verified
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