Chat with us, powered by LiveChat Richard's Tree farm , Inc is doing well after its incorporation. Jake Richards, president, chief of operations and majority shareholder, currently has a planting of 10,000 thre | Wridemy

31 May Richard’s Tree farm , Inc is doing well after its incorporation. Jake Richards, president, chief of operations and majority shareholder, currently has a planting of 10,000 thre

Posted at 11:56h in Business & Finance / Accounting by
Richard's Tree farm , Inc is doing well after its incorporation. Jake Richards, president, chief of operations and majority shareholder, currently has a planting of 10,000 three year old Japanese dogwood trees in a recently introduced pink flowered variety.

Size.        Age.         Current market value $
6              3 years        24
8              6 years       34
10           9 years.        40
a) Because of inflation, Jake expects the price at which he can sell the trees to increase by 3% per year. What price does he expects to receive if he keeps the trees until they reach 8feet or 10 feet tall?
b. Using Jake discounts the future price of the trees at 10% per year, what's the present value of their future prices?
C. Using the time value of money equation, compute the growth rate of the trees between the third year and the sixth year and between the sixth year and the ninth year
d. When should Jake sell the trees?
e. A major landscape contractor who has successfully on a large-scale Boston beautification and urban greening project has offered to buy 10,0000 flowering dogwood trees at a price of $28,000, payable immediately………… lower than the price estimated Question: Should Jake accept the offer if his required rate of return is 10%

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Wridemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order

Related Tags

Academic APA Writing College Course Discussion Management English Finance General Graduate History Information Justify Literature MLA