VF Music Box plans to invest P200,000 a year in the next four years with interest on investment at 9 percent per annum. Considering the company’s cash flows, management is thinking if it is wise to put in the money at the beginning of the period or use it elsewhere and invest at the end of the period instead. If you were the finance manager, what would be your course of action? Support your answers with computations.

Answer rating: 100% (QA)

As the finance manager I would suggest investing the money at the beginning of the year instead of a... View the full answer