If you wanted to have $500,000 one year from today and desired to earn a 10 percent
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
To determine the amount to invest today solve the following e...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Question Posted:
Students also viewed these Accounting questions
-
If you wanted to have $100,000 one year from today and desired to earn a 6 percent return, what amount would you need to invest today? Which amount has more value, the amount today or the $100,000 a...
-
Which variables could you change if you wanted to reduce inventory costs in your organization? Which ones would you prefer to change? Why?
-
If you wanted to have $5,000 saved up by the end of the year, what amount would you need to save on a monthly basis? A weekly basis? A daily basis?
-
A city levies property taxes of $2 billion in June 2015for its Fiscal year beginning July 1, 2015. The taxes are due by January 31, 2016. The following (in millions) indicates actual and anticipated...
-
Discuss which kind of people tend to be more innovative in a given field: those who are knowledgeable or those who are inexperienced in the field. Provide an example of why you believe this to be...
-
Teller Corporation?s post-closing trial balance at December 31, 2020, was as follows. At December 31, 2020, Teller had the following number of ordinary and preference shares. The dividends on...
-
The assembly consists of two 12-mm-diameter A992 steel rods AB and CD, a 20-mm-diameter 6061-T6 aluminum rod EF, and a rigid bar AEC. If the horizontal displacement of end F of rod EF is 0.024 mm,...
-
Franklin purchases 40 percent of Johnson Company on January 1 for $500,000. Although Franklin did not use it, this acquisition gave Franklin the ability to apply significant influence to Johnsons...
-
You are the Director of Human Resources at a city. Describe your responsibilities and tasks to fulfill the requirements of "Affirmative Action" in detail .
-
Tanvi Ghose is auditing payroll accruals for a manufacturing company. The client has accrued payroll taxes, accrued vacation pay, and accrued bonuses for salespersons as of the end of the fiscal...
-
How does a company establish its minimum acceptable rate of return on investments?
-
Why are present value tables frequently used to convert future values to present values?
-
Several transactions that occurred during December 2019, the first month of operation for Wilner's Accounting Services, follow. The company uses the general ledger accounts listed below. INSTRUCTIONS...
-
Builtrite Diving Boards, Inc., is just paid a dividend of $1.50. If the firm's growth in dividends is expected to remain at a flat 4 percent forever, then what is the after-tax cost of common stock...
-
The total money supply M is the sum of two components: bank deposits D and cash holdings C, which we assume to bear a constant ratio C/D = c, 0 < c < 1. The high-powered money H is defined as the sum...
-
Imagine that you pay $265 for a 4-year, 4% coupon bond with par value of $265.You intend to hold the bond for 1 year.That is, you are going to buy a 4-year bond and then 1 year later, you'll sell a...
-
Please provide explanation (a) Suppose you create an equally weighted portfolio (holding weights 1/2) of 2 independent stocks (Cov (i,j)=0). What is the portfolio variance? (b) Suppose you create an...
-
Please fill out the excel sheet below completely: Cakes Sold per day Average Retail per Cake Cakes Sold per year Gross Sales (year) Rent Utilities Labor COGS (50% of Gross Sales) Total Cost Net...
-
The doctrine of capacity refers to: a. The objective intention of the parties to create a valid contract. b. The subjective intention of the parties to create a valid contract. c. The physical...
-
What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability...
-
Describe the function of three eukaryotic response elements.
-
Sales volume has been dropping at Pinnacle Publishing Company. During this time, however, the Shipping Department manager has been under severe financial constraints. The manager knows that most of...
-
Sales volume has been dropping at Pinnacle Publishing Company. During this time, however, the Shipping Department manager has been under severe financial constraints. The manager knows that most of...
-
For Belzer Corporation, the working capital at the end of the current year is $24,000 more than the working capital at the end of the preceding year, reported as follows: Has the current position...
-
Implement the definition of the function rotate ToLeft(), member of the DArray class, so that it rotates all the elements of the array object to the left by one position. Example: [6, 2, 5, 3] [2, 5,...
-
Write the definition of the of the function is Full() as a member function of the DArray class. The function returns true if the array is full, or false otherwise. Functions.cpp 1 #include "DArray.h"...
-
Write a program that will calculate the trajectory of a golf ball thrown with a velocity of 25.6 m/s at an angle of 0 = 35 relative to the horizontal, from a hill that is 2.1 meters above the ground...
Study smarter with the SolutionInn App