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Questions -
Q1. Ms. Pichu plans to fund his individual retirement account with the maximum contribution of P20,000 at the end of each year for the next 10 years. If Pinkachu can earn 10% on his contributions, how much will he have at the end of the tenth year?
a. P122,900 d. P318,740
b. P200,000 e. P518,800
c. P423,050
Q2. What is the present value of an ordinary annuity of P47,000 each year for eight years assuming a rate of return of 11%?
a. P241,860 c. P376,000
b. P557,380 d. P120,930
7 pairs $30 =$210 January 20 Sale 10 pairs N/A January 25 Purchase 4 pairs $30 The cost of goods sold using the periodic average cost method is
Discuss the benefits derived from this transition to the Malaysian capital market
The accountant discovered that the company will exceed several key resource capacities. What are three alternative courses of action to solve this dilemma
Learning Team Assignment: Los Lobos Ledger Preparation-Review the following information:
Prepare an amortization schedule for the three-year period. Organize the information in accounts under an accounting equation. Prepare an income statement, balance sheet, and statement of cash flows for each of the three years.
evaluate the business decision to use a venture capitalist to raise funds, indicating whether or not you believe the company will benefit
the company will borrow $20,000 from its bank by giving a new note payable to the bank for that amount
Jeremy leased a car for 4 years at a rate of 5.50% compounded monthly. What should be the selling price of the car if she is able to purchase the car
Red is equity financed and pays $1.2M in dividends while Blue is debt financed and pays 1.2M in interest. How much will each company add to its retained earning
Presented below is information related to Ricky Henderson Company. Compute the inventory by the conventional retail inventory method
You are preparing taxes for Tim, a business investor, and must calculate his adjusted gross income. Tim invested $10,000 in a business (only slightly less than the other investors) but is claiming a loss of $24,000.
All interest and principal will he paid back at the end of the 6 months. Write the adjusting journal entry required for its financial statements as of Dec
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