User Account

All Pages

What amount of cash will lean accumulate in two years

Assignment Help Accounting Basics
Reference no: EM132718792

On January 1 of the current year, Lean Co. made an investment of $10,000. The following is the present value of $1.00 discounted at a 10% interest rate:

Periods     Present value of $1.00 discounted at 10%
1            .909
2           .826
3            .751

Problem 1: What amount of cash will Lean accumulate in two years?

A. $12,000

B. $12,107

C. $16,250

D. $27,002

Reference no: EM132718792

Questions Cloud

What insights might we take from your example : What insights might we take from your example and what generalized hypotheses might you suggest?
Facilitate effective communication in the workplace : how could you identify resources that facilitate effective communication in the workplace?
Record the december journal entry for the accrual of bonuses : Company X, Record the December 31, 2019 journal entry for the accrual of the bonuses as well as the payment of the bonuses in 2020.
What is importance of having diversity policies : What is importance of having diversity policies and practice in place?
What amount of cash will lean accumulate in two years : What amount of cash will Lean accumulate in two years? On January 1 of the current year, Lean Co. made an investment of $10,000.
What the times preferred dividend earned ratio is : What The times preferred dividend earned ratio is? Preferred stock dividends (200,000). Net Income available to common stockholders. $ 280,000
206CDE Real World Project Assignment : 206CDE Real World Project Assignment Help and Solution, Coventry University - Assessment Writing Service - Demonstrate an ability to work both individually
Why is supply and equipment management important : Why is supply and equipment management important, and what factors need to be considered regarding this management responsibility?
What is the effect of the failure to accrue sales salaries : What is the effect of the failure to accrue sales salaries on working capital and cash flows from operating activities in Deal's 20X1 financial statements?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much was mega net income for the year

In addition, capital stock of $1O,000 was issued and dividends of $5,000 were declared and paid. How much was Mega's net income for the year

  Prepare journal entries to record all transactions

Prepare journal entries to record all these transactions, including any necessary year-end adjustments

  Calculate the amount of the accumulated earnings tax

Calculate the amount of the accumulated earnings tax (if any) that Grevilla Corporation is subject to for this year

  Find the amount of cash paid to bondholders for interest

On April 1, year 1, Cricket Corporation issues $60 million of 12%, 10-year bonds payable at par. Find the amount of cash paid to bondholders for interest

  High brow cow farms producers of the finest dairy products

high brow cow farms producers of the finest dairy products has common stock that sells for 54. dividends are expected

  Prepare the February journal entry

On February 1, 2017, Buffalo Corporation issued 3,400 shares of its $5 par value common stock for land worth $34,100. Prepare the February 1, 2017 journal entry

  Which the accounting standards that are currently used

Which the accounting standards that are currently used in the Philippines are referred to as the?Philippine Financial Reporting Standards (PFRS)

  What is stuffco gross profit margin on greeting cards

StuffCo Stores sells greeting cards for 15%, What is StuffCo's gross profi t margin on greeting cards? What is StuffCo's markup percent based on cost?

  How much should be recorded on December for the Gain

Bowie Company uses a calendar year and the straight line depreciation method. How much should be recorded on December for the Gain

  Problem regarding the creating classes

The purpose of this lab is to gain experience in the design and implementation of a simple Java class.  You will create a class definition and write a simple main method that will test the methods of your class to ensure they work as expected.

  What will be the effect on net income

Ross would incur special shipping costs of $2 per scale if the order were accepted. Ross has sufficient unused capacity to produce the 2,000 scales. If the special order is accepted, what will be the effect on net income?

  Analyzing the comparative financial statements

I need 3-4 paragraphs that analyzes the comparative financial statements, trend analysis, ratio analysis and percentage analysis of a company in the food industry.

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