Determine the present value of $200,000 to be received at the end of each of four years,
Question:
a. By successive computations, using the present value table in Exhibit 4.
b. By using the present value table in Exhibit 5.
c. Why is the present value of the four $200,000 cash receipts less than the $800,000 to be received in the future?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
a First Year 200000 093458 186916 Second Year 200000 087344 174688 Third Year 20...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Corporate Financial Accounting
ISBN: 9781337398169
15th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Accounting questions
-
Interest rates determine the present value of future amounts. Requirements 1. Determine the present value of seven-year bonds payable with maturity value of $91,000 and stated interest rate of 14%,...
-
Interest rates determine the present value of future amounts. Requirements 1. Determine the present value of seven-year bonds payable with maturity value of $83,000 and stated interest rate of 12%,...
-
Interest rates determine the present value of future amounts. (Round all numbers to the nearest whole dollar.) Requirements 1. Determine the present value of seven- year bonds payable with face value...
-
Assume that a patient has 80 percent coverage for medical services but no coverage for prescription drugs. An 80 percent drug benefi t is added. Show graphically what will happen to the relative...
-
(a) Write a single Lewis structure for SO3, and determine the hybridization at the S atom. (b) Are there other equivalent Lewis structures for the molecule? (c) Would you expect SO3 to exhibit...
-
On April 18, 2016, Bontanica Company, a garden retailer, purchased $9,800 of seed, terms 2/10, n/30, from Whitetail Seed Co. Even though the discount period had expired, Shelby Davey subtracted the...
-
Construct a case for restricting trade between the USA and Japan. Are there any arguments here that could not equally apply to a case for restricting trade between Scotland and England or between...
-
Jessie Romero offered to deliver two trade- in vehiclesa 2003 Mitsubishi Montero SP and a 2002 Chevrolet Silverado pickupto Scoggin-Dickey Chevrolet Buick, Inc., in exchange for a 2006 Silverado...
-
Tenacity Ltd. has prepared the following (incomplete) inventory schedule. Tenacity uses the average costing method under a perpetual inventory system. Tenacity had no opening inventory. Cost of Goods...
-
The information below relates to questions 1- 11. Emily and Sibusisiwe are two sisters of the Nkoane family who have recently qualified as chartered accountants. The two sisters are in a partnership,...
-
Tommy John is going to receive $1,000,000 in three years. The current market rate of interest is 10%. a. Using the present value of $1 table in Exhibit 4, determine the present value of this amount...
-
On January 1, 2014, you win $75,000,000 in the state lottery. The $75,000,000 prize will be paid in equal installments of $7,500,000 over 10 years. The payments will be made on December 31 of each...
-
What will happen to the opportunity cost of capital if investors suddenly become especially conservative and less willing to bear investment risk?
-
How will businesses adjust their production in response to each of the following changes to aggregate expenditure? a. Consumers become more confident in the economic outlook and increase their...
-
You are a purchasing manager for General Electric and need to decide whether you should buy stainless steel from a supplier in China or source it from a foundry in Pittsburgh. If you buy it from the...
-
For each of the following, should you use seasonally adjusted data? Why or why not? a. You are trying to look at economic growth over the past few quarters and you want to figure out the trend so...
-
If a subsidiary sells equipment to its parent and recognizes a loss on sale in the previous year and the loss is not indicative of an impairment loss, which of the following is true? True/False (a) A...
-
Recent releases of leading economic indicators have been a mixed bag: Some of them indicate stable economic growth, while others indicate a looming recession. Explain how businesses will adjust their...
-
Use a calculator or CAS to evaluate the line integral correct to four decimal places. c ze xy ds, where C has parametric equations x = t, y = t 2 , z = e t , 0 t 1
-
14. In testing the existence assertion, an auditor ordinarily works from the a. Financial statements to the accounting records. b. General journal to the general ledger. c. Supporting evidence to the...
-
You have just been hired as sales manager for the Calgary branch office of a national industrial distributor. It has been five years since you finished your education, and since that time you have...
-
Sinatra Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January 2014, the first month of operations: a. Materials purchased on...
-
Cheng Furniture Company refinishes and reupholsters furniture. Cheng Furniture uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are...
-
Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for June: In addition,...
-
Subnet 150.66.30.0/24 100 Mbps Ethernet R1 R2 1 Gbps Ethernet R3 Serial 1.544 Mbps 3. (9 points) Consider the 3-router network above. Assume that routers R1, R2 and R3 are running OSPF with default...
-
2. (5 points) On a router that has OSPF enabled with default settings, a network manager configures the following: Rtr (config)# interface s0/2/0 Rtr (config-int)# bandwidth 500 The network manager...
-
Jones Inc. needs to make a decision under uncertainty. Given the information below evaluate their options. Alternatives Favourable market Average market Unfavourable market Large machine $ 137,500 $...
Study smarter with the SolutionInn App