Your firm expects to receive a $40,000 payment from a supplier in 40 days. What is the
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Your firm expects to receive a $40,000 payment from a supplier in 40 days. What is the present value of this cash inflow? Assume an annual discount rate of 4%. Use simple interest.
Related Book For
South western Federal Taxation 2018 Corporations Partnerships Estates and Trusts
ISBN: 978-1337385985
41st edition
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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