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Question in Specimen (Presentation of Answer)

MM074y ago
On 30 September 20X3, Telepath Co was informed by a major customer that it would no longer be placing orders with Telepath Co. As a result, Telepath Co revised its estimates that net cash inflows earned from the plant for the next three years will be Year ended 30 September: $'000 20X4 220 20X5 180 20X6 200 Telepath Co's cost of capital is 10% which results in the following discount factors Value of $1 at 30 September: $ 20X4 0.91 20X5 0.83 20X6 0.75 Calculate the value in use of Telepath Co's plant at 30 September 20X3. I am confused that answer I will have to write will be 499.6 or 499600 as it has given no instructions.
PP2-D2Tutor4y ago#1
The numbers are given in $000s and so I would look to follow the same in your answer. Thanks
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