What was net capital expenditure

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Reference no: EM131825535

1. Bob was injured in an accident, and has received a settlement. Beginning next month for 12 years, Bob will receive a monthly payment of $5,000. If you use a discount rate of 8%, what is Bob's settlement worth today if he were to receive it as a lump sum.

2. What is the present value of $100 payment received on January 1 of each year and continuing forever at a discount rate of 10%

3. Bearcub Driving School had a 2017 balance sheet showing net fixed assets (NFA) of $4.7 million and the 2016 balance sheet showed NFA of $3.6 million. The company’s 2017 income statement showed depreciation expense of $385,000. What was net capital expenditure for 2017?

Reference no: EM131825535

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