ACCOUNTING 2101-Bumbo Corporation estimates that it will have

Question # 00623025 Posted By: rey_writer Updated on: 11/28/2017 11:10 AM Due on: 11/28/2017
Subject Accounting Topic Accounting Tutorials:
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Bumbo Corporation estimates that it will have the following future cash inflows over the next three years: 20x3-$18,000; 20x4-$19,000; and 20x5-$20,000. If the discount rate is 6%, what is the present value of the future cash inflows?


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