Leno industries runs a small manufacturing operation. for this fiscal year, it expects real net cash flows of $193,000. leno is an ongoing operation, but it expects competitive pressures to erode its real net cash flows at 5 percent per year in perpetuity. the appropriate real discount rate for leno is 11 percent. all net cash flows are received at year-end. what is the present value of the net cash flows from the company's operations?

Present value = $173,873.70

Explanation:

Computation of present value of the net cash flows from the company's operations?

Net cash flows of $193,000

Real discount rate for Leno is 11 percent.

Table value = (1 / 1.11) = 0.9009

Present value = $193,000 x 0.9009 = $173,873.70

they can see what that city is producing and to also see if they can some how get that product. like gold in africa.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.