Thanks for your help. I have attached the income statement that was used for the problem originally as well as the cash flow statement. I have also

Thanks for your help. I have attached the income statement that was used for the problem originally as well as the cash flow statement. I have also attached the incorrect solution that the other tutor was given to me that needs to be fixed. The original question was: Using your income statements and cash flows from the past two modules, calculate two Net Present Values using the two approaches to determining a Residual Value. As an additional calculation, identify how much the residual value impacts your maximum purchase price or Net Present Value.The following assumptions will apply:•The Discount Rate will be 15%Much of this problem is solved. However, what needs to be fixed from the Incorrect solution file is:lines 79 and 80 are not correct, and in fact “impossible”: by definition, a PV factor cannot be higher than 1, and a present value cannot be higher than a future value. Please remember that you are valuing this corporation as of the end of 2009. lines 79 and 80 are not correct, and in fact “impossible”: by definition, a PV factor cannot be higher than 1, and a present value cannot be higher than a future value.

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more