FIN 370 Final Exam Guide ( New ) For more course tutorials visit www . tutorialrank . com
4-11 Present Value What is the present value of a $ 1,500 payment made in nine years when the discount rate is 8 percent ? ( LG4-4 )
4-13 Present Value with Different Discount Rates Compute the present value of $ 1,000 paid in three years using the following discount rates : 6 percent in the first year , 7 percent in the second year , and 8 percent in the third year . ( LG4-4 )
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FIN 370 Final Exam Guide ( New ) For more course tutorials visit www . tutorialrank . com
Which financial statement reports the amounts of cash that the firm generated and distributed during a particular time period ?
statement of retained earnings
Income statement
Statement of cash flows
Balance sheet