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Problem 1: What is the present value of an annuity consisting of 9 annual payments of $570, with the first payment to occur immediately, if the interest rate is 7% p.a.?
Problem 2: What is the present value of an annuity consisting of 10 monthly payments of $480, with the first payment to occur one month from now, if the interest rate is 12% p.a.? (Hint: You need to calculate the monthly interest rate before you can use the annuity formula.)
Problem 3: What is the future value of 7 annual payments of $120, with the first payment to occur one year from today, if the interest rate is 3% p.a.?
Problem 4: What is the future value of 9 quarterly payments of $381, with the first payment to occur three months from today, if the interest rate is 8% p.a.? (Don't forget to calculate the quarterly interest rate before using the annuity formula.)
Financial Statement Analysis and Preparation
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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 and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
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 Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
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 Framework's perspective of users and their decisions.
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
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