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ignment 28 May 2020
6
Stormer Company reports the following amounts on its statement of cash flow. Net cash provided by operating activities was $36,000; net cash used in investing
activities was $13,200 and net cash used in financing activities was $16,800. If the beginning cash balance is 56,600, what is the ending cash balance?

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y