I need help on this project. Will someone help me please. (I need by
11/20/05 A company was formed on December 31, 2000. With one asset
costing 2,487, this asset has a three year life with no salvage value
and is expected to generate cash flow of $1,000 on Dec. 31 in the
years 2001,2002 and 2003. All income is to be distributed as dividends
on the three dates mentioned. The price index stands at 100 on
13/31/00. it goes up to 104 and 108 on 1/12002 and 2003 respectively.
Net realizable value of the asset on De 31 in the years 2001,2002 and
2003 is $1,500, $600 and $0, respectively. The firm asset IRR is 10%.
I need income statements for 2001,2002 and 2003 with historical
costing, general prive-leve adjustment, exit valuation, replacement
cost and discounted cash flows. Based on the information you prodcued
how does it meet the theoretical notion of "usefulness and is the
construct of utility a scientific or cultural notion.