Determine the appropriate discount


A company needs an increase in working capital of $13,000 in a project that will last 4 years. The company's tax rate is 33% and its discount rate is 10%.determine the appropriate discount factor(s) using table.The present value of the release of the working capital at the end of the project is closest to: (Round discount factor(s) to 3 decimal places and your final answer to the nearest whole number.)

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Accounting Basics: Determine the appropriate discount
Reference No:- TGS0696225

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