Suppose you have the following information for a project.YearBefore-Tax Income After-TaxCash Flows Taxes Cash Flows012345-1000500340244100100-72-33.6-10.562424Calculate the present worth of after-tax cash flows. Use an interest rate of 8%. Round your answer to 2 decimal places.

Present Value factor = wherei- Interest raten- Time periodPresent value of Cash flows = After Tax…

Suppose you have the following information for a project. Before-Tax Income After-Tax Cash Flows Taxes Cash Flows Year 0 1 2 3 45 -1000 500 340 244 100 100 -72 -33.6 -10.56 24 24 Calculate the present worth of after-tax cash flows. Use an interest rate of 8%. Round your answer to 2 decimal places.

Suppose you have the following information for a project. Before-Tax Income After-Tax Cash Flows Taxes Cash Flows Year 0 1 2 3 45 -1000 500 340 244 100 100 -72 -33.6 -10.56 24 24 Calculate the present worth of after-tax cash flows. Use an interest rate of 8%. Round your answer to 2 decimal places.

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter14: Multinational Capital Budgeting

Section: Chapter Questions

Problem 1IEE

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Concept explainers

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.

Question

Suppose you have the following information for a project.
Year
Before-Tax Income After-Tax
Cash Flows Taxes Cash Flows
0
12345
-1000
500
340
244
100
100
-72
-33.6
-10.56
24
24
Calculate the present worth of after-tax cash flows. Use an interest rate of 8%. Round your answer to 2 decimal places.

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