Plan for future needs, Your uncle offers you a choice of

Plan for future needs

Reference no: EM1351707

Please help me with your own thoughts and solutions and not from internet sites. Please provide thorough and understandable answers.

Your uncle offers you a choice of $20,000 in 50 years or $45 today. If money is discounted at 13 percent, which offer should you choose? Explain with details and computations. Suppose it is discounted at 10 percent, what will be your answer?

Using time value of money calculations can help a company or individual plan for future needs. What types of future situations will you, as a college student, want to plan for now? Explain with examples.

You and Frank are studying for an upcoming accounting exam. Frank says, "Contributed capital is basically the stockholders' equity of the company. It includes things like the common stock, paid-in capital in excess of par, preferred stock, and retained earnings." Do you agree with Frank? Why or why not? Explain with examples.

Another student in your accounting class says that, as she understands it, most current liabilities appearing on the balance sheet arise from transactions involving operating activities. Do you agree? Why or why not? List three current liabilities that might appear on the balance sheet. For each one, explain the underlying transaction that must have occurred for that specific liability to arise. Indicate, for each liability, whether it is the result of an operating, financing, or investing activity.

Reference no: EM1351707

Questions Cloud

Fundamentals of middle age crisis : Middle age is a period that is often associated with a Personal and Emotional Upheaval called Middle Age Crisis.

Create application to declares array of ten houseplant : Design an application that declares an array of 10 HousePlants. Prompt the user for data for each of the HousePlants, then display all values.

Explain what is the difference between advertising plan : Explain What is the difference between advertising plan and a marketing plan

Explain what issues arise in doing business globally : Explain what issues arise in doing business globally and what trends have you observed in organizational behavior?

Plan for future needs : Your uncle offers you a choice of $20,000 in fifty years or $45 today. If money is discounted at 13%, which offer should you choose? Explain with details and computations.

What is the vertical support force at each end : A child in danger of drowning in a river is carried downstream by a current that flows uniformly with a velocity of 2.0 meters per second.

Build a customer profile for a cell phone customer : In addition to painting a profile of your customers, we would like you to consider using a simple segmentation framework to show your understanding of your customers as "users" and the "uses" they make of your product/service.

Stereotypes within the culture : Ageism is defined as prejudice held against an individual based upon their age. Such prejudice is typically based upon stereotypes within the culture.

Developmental psychology research : What are two attributes that are the most important to being a critical reader/consumer of developmental psychology research and why are they important.

User Account

All Pages