Which alternative should he choose

Assignment Help Financial Accounting
Reference no: EM132857304

Question - Mr Sinishaw is planning to retire this year. His company can pay him a lump sum retirement payment of Br 200,000 or Br 25,000 lifetime annuity-whichever he chooses. Mr Sinishaw is in good health and estimates to live for at least 20 more years. If his interest rate is 12 per cent, which alternative should he choose?

Reference no: EM132857304

Questions Cloud

Estimate Larson inc sales revenues from this model : Due to changes in prices, the new price for the daypacks will be $88. Estimate Larson inc sales revenues from this model of backpack for the coming year
What amount should be reported as total assets : On December 31, the liabilities had decreased to P1,800,000. On December 31, 2020, what amount should be reported as total assets
Prepare the statements for good charity : Prepare the following statements for Good Charity based on the above: The statement of operations for the year ended December 31, 2020
Calculate the sampling distribution of p : Calculate the sampling distribution of p, the probability of households spending more than $100 per week on groceries
Which alternative should he choose : Mr Sinishaw is in good health and estimates to live for at least 20 more years. If his interest rate is 12 per cent, which alternative should he choose
Prepare all the related journal entries for Glove Bhd : Glove Bhd sells rubber gloves and operates in Bukit Kayu Hitam. Prepare, all the related journal entries for Glove Bhd for the financial year 2019
How should entity a recognize income from government grant : Entity A starts the clean-up project in 2022. How should Entity A recognize income from the government grant
How many performance obligations are in this contract : The stand-alone price of a gold bar is $1,680 per unit, How many performance obligations are in this contract
Calculate the cost of receivables loan to Raya Enterprise : Calculate the cost of the receivables loan to Raya Enterprise where the firm borrows the $192,000.00. The prime rate is currently 13%

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