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Problem 1: What is the balance in an account at the end of 10 years if P2,500 is deposited today and the account earns 4% interest, compounded quarterly? (Round your final answer to the nearest whole number)
Problem 2: How much should you deposit today in order to received P55.16 at the end of 35 years that pays 5% interest, compounded annualy? (Round your final answer to the nearest whole number)
Problem 3: Suppose you want to have P500,000 saved by the time you reach age 30 and suppose that you are 20 years old today. If you can earn 5% on your funds, how much would you have to invest today to reach your goal? (Round your final answer to the nearest whole number)
Prepare a flexible budget or one of the master budgets using Excel format and give a brief discussion about the project and its usefulness .
Give the closing entry required at December 31 with respect to insurance expense. Assume that this policy is the only insurance policy Torretti had during year.
If ‘profit' maximisation is biased towards maximising the interest of only one stakeholder group, would you expect that over time there will be less emphasis on profits and more emphasis on other performance indicators?
Prepare the statement of cash flow under the indirect method for the year ended December 31, 20X3. The topic is the status of the company based on cash flow.
For the business of Fl. Ward, a food merchant, classify the following between capital and revenue expenditure:- Repairs to meat slicer.
Bignbad Limited Partnership is developing direct labor standards. The basic direct labor wage rate is $12.55 per hour. Employment taxes are 7% of the basic wage rate. Fringe benefits are $2.00 per direct labor-hour. The standard rate per direct labor..
$1,850,000 in annual sales, with costs of $1,038,000. The tax rate is 21 % and the required return for the project is 16.4 %. What is the net present value?
Discuss the basic accounting problem that arises in handling each of the Purchase of a plant asset subject to a cash discount situations
What amount should be used as the initial cash flow for this project? DAYTONA INC purchased a BUILDING ten years ago at a cost of $790,000.
On November 1, 2016, Gopher received a $50,000, 6%, 90-day promissory note. Prepare any necessary journal entry on December 31
differential cost between the two alternatives.saalfrank corp. is considering two alternatives that are code-named m
Prepare amortization tables for issuance of the bonds sold at 102 for the first three interest payments and show the long-term liabilities balance sheet presentation for issuance
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