Wellman company is considering investing in a two-year project. wellman's required rate of return is 10%. the present value of $1 for one period at 10% is 0.909 and for two periods at 10% is 0.826. the project is expected to create cash flows, net of taxes, of $80,000 in the first year, and $100,000 in the second year. wellman should invest in the project if the project's cost is less than or equal to:

$155,320

Explanation:

Given:

Cash inflow in the first year = $80,000

Cash inflow in the second year = $100,000

Present value of first year cash flow = Inflow × present value factor of one period

                                                            = $80,000 × 0.909

                                                            = $72,720

Present value of second year cash flow = Inflow × present value factor of two periods

                                                            = $100,000 × 0.826

                                                            = $82,600

Present value of investment = 72,720 + 82,600

                                               = $155,320

Wellman should invest in the project if project cost is less than or equal to present value of inflows that is $155,320

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number