The present value of a $25,000 perpetuity at a 14 percent discount rate is ________.
A. $285,000
B. $178,571
C. $219,298
D. $350,000
Answer Explanation for Question: The present value of a $25,000 perpetuity at a 14 percent discount rate is ________.
Given.
Perpetuity = $25,000
Discount rate = 14%
=$25,000/0.14
=$178,571
The order of presentation of activities on the statement of cash flows is