What is the present value of the package

Assignment Help Accounting Basics
Reference no: EM132079278

Question - As a result of a slowdown in operations, Global Stores is offering employees who have been terminated a severance package of $128,000 cash, another $114,000 to be paid in one year, and an annuity of $23,000 to be paid each year for ten years beginning in one year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

What is the present value of the package, assuming an interest rate of 9 percent?

Reference no: EM132079278

Questions Cloud

Which approach you would use to train your team : In your discussion post, share which approach you would use to train your team in using the new software. Be sure to use EITHER operant conditioning.
Characteristic of a perfectly competitive market : 1. Which of the following is NOT a characteristic of a perfectly competitive market?
Which of the following is assets is the most liquid : 1. Which of the following is assets is the most liquid?
How this would impact training of the sales representatives : Explain the appropriate response that should be taken in each case. Discuss how this would impact training of the sales representatives.
What is the present value of the package : An annuity of $23,000 to be paid each year for ten years beginning in one year. What is the present value of the package
Prepare a proposal on how the donation should be invested : Prepare a proposal on how the donation should be invested to help prevent fetal and infant mortality.
Price elasticity of supply : 1) If the supply curve is relatively flat, then the price elasticity of supply will be:
Describe the main concepts involved in each perspective : Write a 700- to 1,050-word paper comparing the main themes of the social-cognitive perspective with the humanistic perspective.
Managed care affected the healthcare professions : How has managed care affected the healthcare professions? What is the skills approach?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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