(Answered) Consider the followingyear 1 revenue is 1000 and cost is

Management Studies

Consider the following:

Year 1 Revenue is 1000 and cost is 670

Year 2 Revenue is 900 and cost is 1100

Year 3 Revenue is 600 and cost is 500 and

Year 4 Revenue is 800 and cost is 600

In addition there is a fixed cost of 200 at the beginning of year 1.

Find the present value of the profit?
Find the future value of the profit (at the end of the fourth year).

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Business Management, Management Studies

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