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Question - A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump-sum of $10mln, or in parts, where $5.5mln can be provided in year 1, and another $5.5mln can be provided in year 2. Assuming the opportunity interest rate is 6%, what is the present value of the second alternative? Which of the two alternatives should be chosen and why? How would your decision change if the opportunity interest rate was 12%? Please, show all your calculations.
What reasons should the vice-president provide to the president to justify the recommendation on employee burnout?
North Slope Realty Co. pays weekly salaries of $7,900 on Friday for a five-day week ending on that day. What is the adjustment at the end of the accounting period, assuming that the period ends (a) on Wednesday
Community bank traded office fixtures. Here are the facts: Old fixtures cost $96,000 and have an accumulated depreciation of $65,000. The new fixtures were paid in cash for $103,000 plus the old fixtures.
Sold $11,250 of merchandise on account, subject to a sales tax of 6%. The cost of the merchandise sold was $6,750.
Apollo Shoes is satisfied with the services your firm offers and wants to continue with the audit. Apollo Shoes would like you to prepare a letter explaining how you plan to begin the audit process.
What are the basic assumptions of CVP analysis with regard to variable cost, fixed cost, and selling price per unit
sales at tolla are normally collected as 70 percent in the month of sale 25 percent in the month following the sale and
The following three separate situations require adjusting journal entries to prepare financial statements as of April 30.
During the past several years the annual net income of Avery Company has averaged $540,000. At the present time the company is being offered for sale. Its accounting records show the book value of net assets (total assets minus all liabilities) to..
company a has revenues of 3750 net income to common sharholders of 476 income before interest and related taxes of 476
Calculate the net income reported by ABC Company for 2019 after the appropriate adjusting entries have been recorded and posted
What is Z-prime stock price
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