User Account

All Pages

Determine the size of the two replacement payments

Assignment Help Accounting Basics
Reference no: EM132606706

Question - Scheduled payments of $1124 due one year ago and $332 due in five years are to be replaced by two equal payments. The first replacement payment is due in one year and the second payment is due in eight years.

Determine the size of the two replacement payments if interest is 4.1% compounded annually and the focal date is one year from now.

Reference no: EM132606706

Questions Cloud

Part of exercise testing and prescription : Technology is becoming a larger part of exercise testing and prescription. How do you currently use technology related exercise testing and prescription
Identification of lease as either operating or finance lease : Classify and identification of lease as either operating or finance lease. Provide arguments to support your classification.? Explain with an example.
Develop a detailed market entry plan : This section involves the development of the international marketing plan. complete the comprehensive international marketing plan. You are expected to develop.
Which financial plan shall be optimum for the company : X Ltd. (a domestic company), Which financial plan shall be optimum for the company keeping in mind the assessment year 2020-21?
Determine the size of the two replacement payments : Determine the size of the two replacement payments if interest is 4.1% compounded annually and the focal date is one year from now
Describe the requirements of aasb in relation to sick leave : Describe the requirements of AASB 119 in relation to sick leave. Your response should include the reference to the recognition, measurement
Prepare the journal entries for each transaction : Sales recorded for the first week: in cash: $ 8,200, and on credit: $ 6,200. Prepare the journal entries for each transaction
Develop policies or process to achieve environmental : Describe the steps or methods to develop policies or process to achieve environmental and sustainable results. Written communication: Written communication.
Is beta a reporting entity in accordance with the provision : The company employs 100 people and has sales of $30. Is Beta a reporting entity in accordance with the provision of SAC 1 "Definition of the Reporting Entity"?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Amount of gross profit of turner corporation

Turner corporation acquired two inventory items at a lump-sum cost 0f $50,000. the acquisition included 3,000 units of product jt, and 7000 units of product b2. jt normally sells for $15 per unit, and b2 for $5 per unit. if tuner sells 1,000 units..

  How does the result change

How does this result change if XYZ only has $50 of current earnings and profits and $100 of accumulated earnings and profits?

  What is Tinas realized gain on the transaction

Tina and Tom Talley purchased a home in 2004 for $450,000. What is Tina's realized gain on the transaction? What is her recognized gain

  Company manufactures a product that sells for 175 perunit

company manufactures a product that sells for 1.75 perunit. management recently finished analyzing the results of the

  Treasury stock transactions-presentation-jodz company

Jodz Company had the following stockholders' equity as of January 1, 2004. Prepare the journal entries to record the treasury stock transactions in 2004, assuming Jodz uses the cost method.

  Complete the social media campaign you will propose

complete the Social Media Campaign you will propose, targeting either residential or industrial customers

  Explain the expense recognition principle

Explain the expense recognition principle.

  What is the net cash flow from operations for april

Ryan & Wang Ltd is a company that commenced business on 1 April 2015. What is the net cash flow from operations for April 2015

  Recognized gain/loss and a realized gain/loss

What is the difference between a recognized gain/loss and a realized gain/loss?

  Nathan herrmann has completed the basic format to be used

nathan herrmann has completed the basic format to be used in preparing the statement of cash flows indirect method for

  Calculate the variable cost per calculator

Variable versus absorption costing : Precision Numbers, Inc., manufactures pocket calculators. Calculate the variable cost per calculator

  Explain why have used particular numbering in the chart

After analysing the events above, suggest a chart of accounts, with appropriate numbering, that would be satisfactory for the business

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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