User Account

All Pages

What is the value of the offer in today dollars

Assignment Help Accounting Basics
Reference no: EM133044317

Question - You have received an offer for the sale of your home. McGraw has offered $240,000 payable 2 years from today. The prevailing interest rate is 9% per annum? What is the value of the offer in today's dollars?

a. $285,144

b. $202,003.20

c. $218,400

d. $261,600

Reference no: EM133044317

Questions Cloud

Management team of pietro pizza chain of restaurants : What does the law and human rights legislation in your jurisdiction say about dress in the workplace?
Assignment on leadership : The purpose of reflection on leadership is to gain a better understanding of ourselves (our values, knowledge and skills), so we can learn from our experiences,
The scriptures encourage we live in honesty : The Scriptures encourage we live in honesty, in truth. How might this verse impact your work as an IT professional?
Employees needs and performance in the workplace : Why do you think some employers tend to overlook employees' needs and performance in the workplace? What do you think is the best solution to overcome these dra
What is the value of the offer in today dollars : McGraw has offered $240,000 payable 2 years from today. The prevailing interest rate is 9% per annum? What is the value of the offer in today's dollars
Principles of computer security : What types of security incidents are possible within information systems infrastructure? Select one such incident and detail how you would respond to incident.
Developing a growth mindset : What steps would an educator take to help students with a fixed mindset, and how would they assist them with developing a growth mindset?
Labour relations and collective agreements : In this assignment, union and management teams will negotiate with a team representing the other side and attempt to negotiate a renewal of the Clean Right Part
Calculate the price of second zero coupon bond : Cindy will make a 2-year investment using two consecutive 1-year $500,000 Zero coupon pond. Calculate the price of second zero coupon bond

Reviews

Write a Review

Accounting Basics Questions & Answers

  Earnings per share of johnson alarm systems

Johnson alarm systems had $800,000 of retained earnings on December 31, 2004. The company paid dividends of $60,000 in 2004 and had retained earnings of $640,000 on December 31, 2003.

  Excess of capital spending over depreciation

The annual change in working capital is $20,000, and capital spending for maintenance exceeded depreciation in the prior year by $15,000. Both working capital and the excess of capital spending over depreciation are projected to grow at the same r..

  What are the cash flows from leasing

Assume that your company does not contemplate paying taxes for the next several years. What are the cash flows from leasing

  Discuss calculate gross profit

Up minus to minus date Merchandisers has the following transactions for the month of July

  Discuss the key strengths of and key differences

Discuss the key strengths of and key differences between random sampling, haphazard sampling, and judgement sampling and how those differences might affect the discussion in part 3 (above).

  What is the effective interest rate of the loan

Question - My Hope Company is negotiating for a 4-month discounted loan for P200,000, What is the effective interest rate of the loan

  What will their total Gross Sales be by the end

Budget Shades is also a small business but they have grown fast and now have five locations. What will their total Gross Sales be by the end

  What is the nature of hanks gain on the subsequent sales

Hank Corporation assists its relocated executives by buying their homes from them at the appraised value if an acceptable sale cannot be completed before their.

  When there is an excess of fair value over cost relative

When there is an excess of fair value over cost relative to an identifiable asset? no amortization of a deferred tax liability is necessary?

  It is most sensible to start with the sales budget and

it is most sensible to start with the sales budget and develop the other budget from there. analyse the validity of

  Why should the net charge increase

Having purchased a 10-year lease of his premises for £5,000, Mr. A. Ross asks advice regarding the amortisation of the lease.

  Prepare an income statement for July

Prepare an income statement for July, a statement of owner's equity for July, and a balance sheet as of July 31, 2018

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd