Examlex

Solved

Langdon Company Is Considering Purchasing a Capital Investment That Is

question 103

Multiple Choice

Langdon Company is considering purchasing a capital investment that is expected to provide annual cash inflows of $10,000 per year for 3 years. Assuming that Langdon's required rate of return is 8%, what is the present value of these cash inflows? Use Appendix Table 2. (Do not round your intermediate calculations. Round your final answer to the nearest dollar.)


Definitions:

Facial Expressions

The movements of the face that convey emotional states, reactions, or intentions to others.

Affect

A term referring to the experience of feeling or emotion.

Feeling State

The emotional condition or mood of an individual at a particular moment in time.

Automatic Response

An involuntary or reflex action that occurs in response to a stimulus without conscious thought.

Related Questions