Nguyen Limited estimated that it would receive future cash flows from the use of equipment:
End of Year 1 £10 000
End of Year 2 £50 000
End of Year 3 £20 000
The discount rate was determined as 8%. The 'value in use' of the equipment is:
A) £80 000;
B) £73 600;
C) £68 000;
D) £63 500.
Correct Answer:
Verified
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