Find the present value of the perpetuity today

Assignment Help Financial Accounting
Reference no: EM132802309

Question - Montreal financial Service Company offers a perpetuity of $2161 per year with the first payment immediately. If your opportunity cost is 11% compounded annually, find the present value of the perpetuity today?

Reference no: EM132802309

Questions Cloud

Describe the post-traumatic stress disorder : Ann started you with some topics and thoughts to ponder. Now, conduct more thorough research, considering how the topics below play a role in homelessness.
Concentration of co in the surface of the ocean : When the temperature is 4 Degrees Celcius? Calculated, What will be the concentration of CO in the surface of the ocean?
What is the amount of the federal donation tax credit : Individual L donated $12,000 to a Canadian registered charity. L's taxable income is $220,000. What is the amount of the federal donation tax credit
What type of sampling observation would you use to record : When an observer is confronted with a complex situation, it can be impossible to observe many different individuals and record many different behaviors.
Find the present value of the perpetuity today : If your opportunity cost is 11% compounded annually, find the present value of the perpetuity today
What are the principles of distributive justice and explain : Discuss an example of a company following a Utilitarianism approach to business ethics. What are the principles of distributive justice and explain each.
What is the meaning of characterize the data : What is the meaning of characterize the data gathered by central tendency and spread.
Current and future climate change hazards : Identify and explain at least 5 current and future climate change hazards and risks that are shared by all major cities. Why are good, informed urban land
Determine the rate of disappearance of n2 : The reaction rate is measured as 0.032 M NH3/s. Determine the rate of disappearance of N2 and the rate of disappearance H2.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Information relates to the supplies account

The following information relates to the supplies account of ABC Company: ABC Company reported supplies expense of $17,000 in its 2015 income statement and purchased $23,000 of supplies during 2015. Calculate ABC Company's supplies balance at January..

  How do profit and loss statements cash flow

How can you ensure that managers and supervisors in the organisation understand the budget and understand their reporting requirements with regard

  Compute what the initial cost to set up the strategy is

Compute what the initial cost to set up the strategy is? A trader creates a spread by selling a 6-month put option with a $30.00 strike price for $1.22

  Determine shadees budgeted manufacturing cost per visor

Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee’s beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 unit..

  Nondepriciable capital asset with a fair market value

Brain owns a 30% profit and loss interest in the MON Partnership. Brain acquired his interest by contributing a nondepriciable capital asset with a fair market value of $ 60,000 and adjusted basis of $24,000. Mariyln acquired her 50% interest by cont..

  What is the amount of total assets reported on balance sheet

Rob Davis also withdrew $800 from the company during the year. What is the amount of total assets reported on the balance sheet?

  What cost of goods sold for amounted to

What Cost of goods sold for 2008 amounted to? During the year 2008, Siska Corporation had the information available related to its income statement

  Why are adjustments needed to the accounting records

Why are adjustments needed to the accounting records? To control for an inflow of revenues at the end of an accounting period

  Ritter company prepared a trial balance

Selected accounts and account balances from the trial balance and adjusted trial balance are as follows:

  Uses absorption rather than variable costing

Rosewood Corporation produces a single product. The following cost structure applied to its first year of operations: Variable costs: SG&A $2 per unit Production $4 per unit Fixed costs (total cost incurred for the year): SG&A $14,000 Production $20,..

  Find how many months will the take

CEO plans to increase production at a rate of 6.92 percent per month until the firm is producing 6,458 of refrigerators per month. How many months will take?

  Draw a cost-volume-profit graph for the sports franchise

Draw a cost-volume-profit graph for the sports franchise. Label the axes, break-even point, profit and loss areas, fixed expenses, variable expenses

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