Cellular company is offering unlimited calls

Assignment Help Financial Accounting
Reference no: EM13775595

Tele has a cell phone that she uses only for emergencies. The cost of the phone is $60 a month. The cellular company is offering unlimited nights and weekends for an additional $10 a month ($120 a year). Tele thinks it would be "cool" to have this benefit and, after all, $10 a month is not much. Show Tele how much she will have in 20 years if she invests this $120 a year at 12% instead of accepting the unlimited nights and weekends offer.

Reference no: EM13775595

Questions Cloud

Students and instructional strategies that promote success : What are 5 suggestions the author makes to protecting against accusations and sexual abuse
Prepare the journal entry for E Corporations sale : DCL Industries purchased a supply of mechanical components from E Corporation on November 1, 2009. In payment for the $48,000 purchase, DCL issued a 1-year installment note to be paid in equal monthly payments at the end of each month. Prepare the jo..
Write an essay on lowest gas prize on your thumb : Write an essay on "Lowest Gas Prize on your Thumb".
Prepare the journal entry for DCLs purchase of components : DCL Industries purchased a supply of mechanical components from E Corporation on November 1, 2009. In payment for the $48,000 purchase, DCL issued a 1-year installment note to be paid in equal monthly payments at the end of each month. Prepare the jo..
Cellular company is offering unlimited calls : Tele has a cell phone that she uses only for emergencies. The cost of the phone is $60 a month. The cellular company is offering unlimited nights and weekends for an additional $10 a month ($120 a year). Tele thinks it would be "cool" to have this be..
Proposal for a treatment plan at a correctional facility : The local correctional facility is planning to implement a new treatment program for substance abuse treatment. You are hired to create a proposal providing a recommendation for the types of treatment modalities to be utilized in the facility.
Initial entry to record issuance using proportional method : Horrible Inc. issues 10,000, $100 face value, 8% debt with detachable warrants that permit the holder to purchase one share of stock for $18 per share. The bonds were issued at 102. Immediately after issue the bonds were selling for 98 without the wa..
How to measure success and organizational performance metric : Research the scholarly literature on re-engineering. Examine and discuss the reengineering of organizational processes and how participants in the change process will impact the efficiency and effectiveness of the organization. How to measure success..
The advantages of computers/software in investigations : The advantages of computers/software in investigations, Any disadvantages computers/software have on law enforcement

Reviews

Write a Review

Financial Accounting Questions & Answers

  Long term investments - adjusted to market and equity

long term investments - adjusted to market and equity methods.on january 1 2010 cavalier corporation purchased 8

  Finding the changesnbsp of annual profits be increased or

finding the changesnbsp of annual profits be increased or decreased..delta company produces a single product. the cost

  What is the amount dubois will receive

What is the interest rate, to the nearest percent, used in discounting this purchase transaction Assume the interest rate is constant over the entire investment.

  What criteria determine whether the investor should apply

a company acquires a rather large investment in another corporation. What criteria determine whether the investor should apply the equity method of accounting to this investment? Who has a current acquistion example to share?

  What was balance in eve prepaid insurance

The liability policy was $63,000 for eighteen-months, and the crop damage policy was $24,000 for a two-year term. What was the balance in Eve's prepaid insurance as of December 31, 2012?

  Find replacement of a minor broken part on a machine.

Improvement to a machine that increased its fair market value and its production capacity by 30% without extending the machine's useful life.

  Prepare estimate of what should be in the allowance

What should be in the allowance. Also consider current and previous A/R Turnover and Days' Sales in A/R ratios.

  Discuss how your understanding of balance sheet

Discuss how your understanding of the balance sheet and income statement may applied to your current or future position. paper must be APA format and double space.statement must come in first before the numbers.

  Which is not a gaap for investment securities

Users are looking for firms who can generate more future cash flows. which one may mostly decrease earnings quality when the users examine the earnings figures as the indicator of future cash flows?

  Provide a brief summary of the documentation

Transform financial statements from Barclays bank group limited, to an XBRL (GAAP or IFRS)instance Document. Provide a brief summary of the documentation as well as a reflection on the challenges you faced while transforming the financial statemen..

  The last few years have been difficult economically but the

the last few years have been difficult economically but the owners of johnsons pl a medium-sized manufacturer of

  Illustrate what is most likely the tax bill is

Illustrate what is, most likely, the tax bill excluding interest on underpayments but including penalties other than the underpayment penalty of IRC 6654.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd