VCM Corp
Subject:AccountingPrice: Bought3
VCM Corp. is opening its doors to investors and shared the following prospective ?nancial information: Gross Pro?t P2,000.000 f2,400,000 P2,500,00 P2,?60.000 Cash Expenses 1 ,400.000 '1 ,780,000 1 ,840,000 2,060,000 Operating P600000 P620000 9660.000 P700000 Income VCM Corp. owns a property originally acquired at £3,000,000 with a useful life of 10 years. Assuming tax rate is 30% and oost of capital is 12%. compute for the net cash ?ow to the ?rm (round the growth rate to four decimal point).
