What type of investment return will need to earn

Assignment Help Financial Accounting
Reference no: EM132567994

Question1 : Lumumba needs to have Sh.1, 500,000 at the end of 5 years in order to fulfill his goal of purchasing a sports car. He is willing to invest the amount as a lump sum today but wonders what type of investment return he will need to earn. Figure out the annual compound rate of return needed in each of the following cases.

a. Lumumba can invest Sh.1

b. , 020,000 today.

c. Lumumba can invest Sh.815,000 today

d. Lumumba can invest Sh.715,000 today

Reference no: EM132567994

Questions Cloud

What the warranty expense related to the sales would be : At the end of the 2017 the warranty liability and the warranty expense related to these sales would be?During 2017, Smith Electronics sold 250 microwaves
What is Agarma effective tax rate : The estimated warranty liability related to company sales in 2019 was $19,600. What is Agarma's effective tax rate for 2019
What is the maximum future value obtainable : What is the maximum future value obtainable give the Sh.150,000 deposit, 2-year time period, and 12% nominal rate? Using your findings in a to explain
Calculate Agarma future income tax balances : Calculate Agarma's future income tax balances at December 31, 2019 and specify whether they are assets or liabilities
What type of investment return will need to earn : What type of investment return he will need to earn. Figure out the annual compound rate of return needed in each of the case
Policies of american red cross organization : Examine the various personnale practices and policies of the American Red Cross organization
Prepare bank reconcilliation sandhill co : Prepare Bank Reconcilliation Sandhill Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2019
Determine the weighted average number of common shares : Determine the weighted average number of common shares to be used to calculate Oak and Maple's basic earnings per share (EPS) for the year ending
Analyze the voting trends in texas for presidential : Analyze the voting trends in Texas for presidential, gubernatorial, and constitutional amendment elections.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

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

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.

  Financial accounting assignment

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

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

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 frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

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

Computation of Free Cash Flow

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