514_633941419707267099_Mercedesweb

514_633941419707267099_Mercedesweb - 20%, 1 period 16,663...

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Mercedes Year 1 Year 2 Year 3 Rents 100(365)(70%) 25,550 80(365)(70%) 20,440 60(365)(70%) 15,330 Cash Expenditures: 1,000 2,000 3,000 2,000 2,000 2,000 Rental Company Fees 2,555 2,044 1,533 Total Cash Expenditures 5,555 6,044 6,533 Net Cash Flow 19,995 14,396 8,797 Present Value of Net Cash Flow
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Unformatted text preview: 20%, 1 period 16,663 20%, 2 periods 9,997 20%, 3 periods 5,091 PV of Net Cash Flows, Year 1 16,663 Year 2 9,997 Year 3 5,091 Total PV of Yearly Net Cash Flows 31,751 Selling Price of Car @ End of Year 3 20,000 PV of Selling Price 20%, 3 periods 11,574 Total PV of Future Cash Flows 43,325...
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This note was uploaded on 09/12/2010 for the course ACCT 101 taught by Professor Drkirch during the Spring '10 term at Ohio University- Athens.

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