Determine the present value of 150000 to be received at the

Assignment Help Accounting Basics

Reference no: EM13599754

Determine the present value of $150,000 to be received at the end of each of four years, using an interest rate of 7%, compounded annually, as follows:
a. By successive computations, using the present value table in Exhibit 4 shown below. Round to the nearest dollar.

First year $
Second Year $
Third Year $
Fourth Year $
Total present value $

b. By using the present value table in Exhibit 5 shown below. Round to the nearest whole dollar.
$_______________

c. Why is the present value of the four $150,000 cash receipts less than the $600,000 to be received in the future?

Reference no: EM13599754

Questions Cloud

Evaluate the factors that help to determine that market : evaluate the factors that help to determine that market value of stock. consider the factors that are most relevant to

On january 2 the first working day of the new fiscal year : simple plant manufactures dna test strips. manufacturing overhead is applied to units produced using direct labor

Xy and z are partners in a firm sharing profits in 764 : xy and z are partners in a firm sharing profits in 764 ratio.their respective fixed capitals are rs.80000rs.40000

During 2012 e earned 70000 of wages from employer x and : during 2012 e earned 70000 of wages from employer x and 50000 of wages from employer y. bother employers withheld and

Determine the present value of 150000 to be received at the : determine the present value of 150000 to be received at the end of each of four years using an interest rate of 7

On april 30th2004 hackman corporation issued 1 million face : on april 30th2004 hackman corporation issued 1 million face value 12 bonds dated january 12004 for 1040000 plus accrued

During 2010 raines umbrella corp had sales of 740000 cost : during 2010 raines umbrella corp. had sales of 740000. cost of goods sold administrative and selling expenses and

Direct materials and direct labor budgets 8-13 the : direct materials and direct labor budgets 8-13 the production department of hareston company has submitted the

During 2012 h had earnings from self-employment of 50000 : during 2012 h had earnings from self-employment of 50000 and wages of 78000 from employer x. employer x withheld and

User Account

All Pages