Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Occasionally cash flows may have to be discounted more often than once a year semi- monthly, daily, annually or quarterly. The outcome of this is as fold
(i) The number of periods raises
(ii) The discount rate applicable per period reduces. The formula for computing the present value in case of shorter discounting period is:
PV = FVn [1/(1 + k/m)]n/m
Here m = number of times per year discounting is done.
Illustration: Compute the present value of Rs. 10,000 to be obtained at the end of 4 years. The discount rate is 10% and discounting is done quarterly.
Solution:
PV = FV4 . PVIF k/m, m.n
= 10,000 . PVIF 3%, 16
= 10,000. 0.623
= Rs. 6230
Show that if an investment of P dollars declines by 4% during a year , the balance at the end of the year is P(1-.04) that is P(.96) ?
Which of the following events would be recorded as an accounting event? Answer a. A guest purchases a meal in a food outlet.
Q. Written inquiries for financial information? Inquiry - A procedure which comprises seeking information both financial and non-financial, of knowledgeable persons throughout
APPLICABILITY OF THE OPERATING CYCLE IN VEGETABLE GROWING BUSINESS
in recent years Morten Ltd, a company that manufactures and markets a range of pharmaceutical products.
No. Account Title Debit Credit 101 Cash . . . . .
Completed executions A judgement creditor cannot retain the "benefit" of an execution or attachment, unless he has completed it- Before the date of the receiving order,
ASSOCIATE COMPANIES (IAS 28) An associate company is a company in which the investing company owns more than 20% but less than 50% of the voting rights. This means that the inve
Differences between estates and trusts Note particularly the following differences between estates and trusts:— 1. Estate: on the death of a testator or an intestate, all
Archer Daniels Midland Company is considering buying a new farm that it plans to operate for 10 years. The farm will require an initial investment of $12.00 million. This investm
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd