What is the present value of an annuity

Assignment Help Accounting Basics
Reference no: EM132956075

Problem - What is the present value of an annuity of $2,000 per year, with the first cash flow received three years from today? Use a discount rate of eight percent.

Reference no: EM132956075

Questions Cloud

How much would absorption costing operating income differ : How much would absorption costing operating income differ between a plan to produce 5,000 units and a plan to produce 6,200 units
How does expected return vary with beta : What would be the expected return and beta of portfolios constructed from these two assets with weights in the S&P 500 of 0 and 0.25?
Difference between manual and computerised payroll systems : Identify and explain at least 3 common organisational policy and procedures that affect payroll. One of these policies and procedure must include the structure
Which product or products should be sold at split-off point : Dorsey Company, Which product or products should be sold at the split-off point and which product or products should be processed further?
What is the present value of an annuity : What is the present value of an annuity of $2,000 per year, with the first cash flow received three years from today? Use a discount rate of eight percent
Application of best evidence-based nursing practice : Academic essay demonstrating your knowledge and application of best evidence-based nursing practice - Education for sick day management
Calculate the WACC as per book value weights : Debentures, trading at Rs 80 are redeemable after 6 years. Corporate tax rate is 40%. Calculate the WACC as per book value weights
What is the unit cost figure that is relevant for setting : The fixed selling expenses by $130,000. What is the financial advantage (disadvantage) of investing an additional $130,000 in fixed selling expenses?
Discuss the deductibility of the travelling expenses : Discuss the deductibility of the travelling expenses incurred by Edwin. Discuss the conditions for obtaining a double deduction

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is reported as income tax expense-deferred

At the end of 20X1 but there is no similar balance at the end of 20X2. On its 20X2 income statement, what is reported as Income Tax Expense-Deferred?

  Calculate the payments for dividends

Retained Earnings was the declaration of dividends. If there was no change in the Dividends account during the year, the payments for dividends was

  Prepare the journal entry to account for the change

The useful life was revised from being a total of 25 years to being a total of 15 years. Prepare the journal entry to account for the change

  What is the cost of the new vehicle for accounting purposes

X Ltd purchased a new motor vehicle for $50 000 less a trade-in allowance of $10 000 on its old vehicle. What is the cost of the new vehicle for accounting

  The balance sheet of world foods at december 31 2011

the balance sheet of world foods at december 31 2011 reported 100000 shares of no-par common stock authorized with

  Amount of paid-in capital in excess of par basics

If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds?

  Produce a schedule of receipts showing the expected cash

The total sales achieved in June and July were $6,000 and $7,000, Produce a Schedule of Receipts showing the expected cash collections for August, September

  How describe these ratios on the company analysis reports

Company B's PPET for 2019 was 6.51 and for 2018 it was 6.06. How describe these ratios on the company analysis reports

  Prepare journal entry to recognize the income tax benefit

Prepare the journal entry to record income taxes in 2022 assuming pretax accounting income is $270 million. No additional temporary differences.

  Journalize transactions using a perpetual inventory system

Renner Hardware Store completed the following merchandising transactions in the month of May. Journalize the transactions using a perpetual inventory system.

  Which of the above costs is variable

Electricity is billed by kilowatt hour. According to its first bill, Raymondo's paid $573 for 3,000 kilowatt hours in January.

  How much is pod company direct labor cost for the year

Pod Company developed the following data for the current year: Overhead applied 92,000. How much is Pod Company's direct labor cost for the year

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