Using a present value table your calculator or a computer

Assignment Help Accounting Basics

Reference no: EM13598356

Using a present value table, your calculator, or a computer program. Verify the present value of 100,000 to be received in 5 years at an interest rate of 16%, compounded annually, is $47,610. Calculate the present value of $100,000 for each of the following.

1.) Interest is compounded semiannually.
2.) Interest is compounded annually.
3.) A discount rate of 20% is used.
4.) The cash will be received in 3 years.
5.) The cash will be received in 7 years.

Reference no: EM13598356

Questions Cloud

Sold 10000 worth of merchandise on credit to best supply co : 1. you keep the accounting records for a small merchandising corporation which operates on a fiscal year that ends on

Andretti company has a single product called a dak the : andretti company has a single product called a dak. the company normally produces and sells 96000 daks each year at a

Knox company begins operations on january 1 because all : knox company begins operations on january 1. because all work is done to customer specifications the company decides

Operating income per employee hint the number of employees : compute the following profitability measures for the year ended december 27 2008 areturn on investment based on net

Using a present value table your calculator or a computer : using a present value table your calculator or a computer program. verify the present value of 100000 to be received in

What is the journal entry foron june 30 2010 exchanged a : what is the journal entry foron june 30 2010 exchanged a display case placed in service on june 1 2003 original cost

When you undertook the preparation of the financial : when you undertook the preparation of the financial statements for roger company at january 31 2011 the following data

In january the knox comapny requisitions raw materials for : in january the knox comapny requisitions raw materials for production as follows job 1 900 job 2 1400 job 3 700 and

Joes inc prepared an aging of its accounts receivable at : joes inc. prepared an aging of its accounts receivable at december 31 2009 and estimated that the net realizable value

User Account

All Pages