What is the amount of cash that wasp receives today

Assignment Help Financial Accounting
Reference no: EM132917412

Wasp Corporation has a loan agreement that provides it with cash today, and the company must pay $25,000 one year from today, $15,000 two years from today, and $5,000 three years from today. Wasp agrees to pay 10% interest. Using excel compute the present value. Reminder steps are below:

1. Get into excel and go to Fx.
2. Make category financial.
3. In the rate box put the percentage in decimal format.
4. In the Nper (number of periods) put in the year criteria.
5. Pmt is the amount (to get rid of the negative you can make this a negative which will cancel it out.
6. The rest can be blank.

Problem 1: What is the amount of cash that Wasp receives today?

Reference no: EM132917412

Questions Cloud

Compute the amount of each of the four equal total payments : Compute the amount of each of the four equal total payments. On January 1, 2015, Eagle borrows $100,000 cash by signing a four-year, 7% installment note.
How much interest will Akida receive at maturity : Akida has invested $8,000 in an 18-month GIC that pays 5.24% compounded annually. How much interest will Akida receive at maturity
Compute the price of the bonds as of the issue date : Use the interest rates given to determine whether the bonds are issued at par, at a discount, or at a premium. Compute the price of the bonds as of issue date.
Identify relevant code provisions for the case : Identify relevant code provisions for the case. What is three sophisticated tax issues for this case
What is the amount of cash that wasp receives today : What is the amount of cash that Wasp receives today? Wasp Corporation has a loan agreement that provides it with cash today, and the company must pay $25,000.
Increase demand for their products : Is it ethical for marketers to use fear appeals to increase demand for their products?
What is the minimum value of the new sales generated : The tax rate is 40% and the required return is 10%. What is the minimum value of the new sales generated that would make this a good project?
Find what is the profitability index of the project : The equipment will NOT be depreciated for tax purposes. The tax rate is 40% and the required return is 10%. What is the profitability index of the project?
Is the action ethical : Decision making is the process of identifying and choosing alternative courses of action. Is the action ethical?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd