Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Anna Waldheim was seriously injured in an industrial accident. She sued the responsible parties and was awarded a judgment of $2,500,000 Today, she and her attorney are attending a settlement conference with the defendants. The defendants have made an initial offer of $ 230,891 per year for 18 years. Anna plans to counteroffer at $ 344,843 per year for 18 years.
Both the offer and the counteroffer have a present value of $ 2,500.00 the amount of the judgment. Both assume payments at the end of each year.
A) What interest rate assumption have the defendants used in their offer? (rounded to the nearest whole? percent)?
B) What interest rate assumption have Anna and her lawyer used in their counteroffer? (rounded to the nearest whole? percent)?
C) Anna is willing to settle for an annuity that carries an interest rate assumption of 9% What annual payment would be acceptable to? her?
Identify and discuss relevant authorities including the Internal Revenue Code
Nick Foley $30,000 and Tom Wenger $25,000. During the year, drawings were Foley $15,000 and Wenger $8,000. Net income was $50,000, and the partners share income equally. Give the partners capital statement for the year.
Phil owns a ranch business and uses four-wheelers to do much of his work. Occasionally, though, he and his boys will go for a ride together as a family activity. During year 1, Phil put 892 miles on the four-wheeler that he bought on January 15 for $..
For the year ended December 31, 2012, Nenn reported bad debt expense of $26,000 in its income statement. Illustrate what amount did Nenn debit to the appropriate account in 2012 to write off actual bad debts?
Calculate an appropriate overhead absorption rate for each production department.- Calculate the budgeted production cost per unit of each model of windsurfer.
The LIFO inventory method assumes that the cost of the latest units purchases and The common characteristic possessed by all assets
If the predertimed overhead rate is base on machine hours, illustrate what is the total amount credited to the factory overhead account for the year for carlson?
Susan’s house was completely destroyed by fire in 2014. Susan’s AGI in 2014 is $50,000 and she used her home for personal purposes only. Her adjusted basis in the house is $200,000 it had a fair market value of $265,000 before the fire. She received ..
Princess Ariel Company manufactures and sells two types of beach towels, standard and deluxe. sales= standard 450,000 and deluxe 50,000. Variable Expenses= standard 360,000 and deluxe 20,000 The company budgets the following sales and variable costs...
A single audit is required of: A federal or nonfederal entity that receives more than $500,000 in a year. A nonfederal entity that received more than $100,000 in a year. Nonfederal entities that expend $500,000 or more in federal awards in a year.
On January 1, 2015, Wilke Corp. had 535,000 shares of common stock outstanding. During 2015, it had the following transactions that affected the Common Stock account. Determine the weighted-average number of shares outstanding as of December 31, 2015..
Three different companies each purchased a machine on January 1, 2014, for $84,000. Each machine was expected to last five years or 250,000 hours. Salvage value was estimated to be $4,000. Company A uses straight-line depreciation, company B uses dou..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd