Nolasko Enterprises earns 8% on an investment that pays back $90,000 at the end of each of
Question:
Nolasko Enterprises earns 8% on an investment that pays back $90,000 at the end of each of the next 6 years. What is the amount Nolasko Enterprises invested to earn the 8% rate of return?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (16 reviews)
Discount rate from Table 4 is 462288 Present value o...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Accounting questions
-
Modine Enterprises earns 11% on an investment that pays back $120,000 at the end of each of the next 4 years. What is the amount Modine Enterprises invested to earn the 11% rate of return?
-
An investment pays you $100 at the end of each of the next 3 years. The investment will then pay you $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6. If the...
-
At the end of each month, an employee deposits $80 into a credit union account. At the end of 2 years, the account contains $2,100. What annual nominal rate compounded monthly has this account...
-
Torres Investments acquired $160,000 of Murphy Corp., 5% bonds at their face amount on October 1, Year 1. The bonds pay interest on October 1 and April 1. On April 1, Year 2, Torres sold $60,000 of...
-
In Exercises 1 and 2, fill in the missing entries of Q to make Q an orthogonal matrix. 1. 2. Q=10 1/V3 * 1/2 1/V14 * * 1/2 0* 1/2-3/V14
-
The hollow, spherical glass shell shown in FIGURE 15-52 has an inner radius R and an outer radius 1.2R. The density of the glass is (g. What fraction of the shell is submerged when it floats in a...
-
How have changes in society, laws and technology affected the UK labour market?
-
Pacific, Inc., is a technology consulting firm focused on Web site development and integration of Internet business applications. The president of the company expects to incur $775,000 of indirect...
-
Three partners are dividing a piece of land worth $81,000 among themselves using the lone-divider method. The following table shows the value of the parcels in the eyes of each partner S1 S2 S3 Rita...
-
You have received the following email from the Chief Executive Officer of Clark Casc Logistics plc, where you are employed as manager of a loading bay, inviting you to the first in a series of...
-
Dayton Company is considering investing in an annuity contract that will return $45,000 annually at the end of each year for 15 years. What amount should Dayton Company pay for this investment if it...
-
Kirby Railroad Co. is about to issue $300,000 of 10-year bonds paying a 9% interest rate, with interest payable semiannually. The discount rate for such securities is 8%. How much can Kirby expect to...
-
Write an equation for each ellipse.
-
If we apply the Constitution and laws of the United States, would the Bank's actions be allowed?
-
Does the designer shoe warehouse have language around Corporate Social Responsibility (CSR) in its mission and vision?
-
To what extent is it Human Resources' responsibility in creating safety, inclusion, awareness and equal treatment of LGBTQ employees? Please present arguments in support of your position.
-
1. What are the challenges of managing remote teams at BioNTech? 2. how can be improved? Recommendations.In-text citation from BioNTech and another source, please
-
3D wave speeds have been calculated using ultrasonic transducers. The estimated values are V = 6200 m/sec, vs = 3200 m/sec. Assuming the material density as p=2700 kg/m, compute: a) Young Modulus E...
-
A certain double-pane window consists of two glass sheets, each 80 cm 80 cm 0.30 cm, separated by a 0.30-cm stagnant air space. The indoor surface temperature is 20 C, while the outdoor surface...
-
Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?
-
In the landmark case of Brown v. Board of Education, 347 U.S. 483 (1954) (Brown I), the U.S. Supreme Court declared that racial segregation in public schools was a violation of the Equal Protection...
-
On January 1, Graves Corporation had 60,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred....
-
On October 31, the stockholders' equity section of Manolo Company's balance sheet consists of common stock $648,000 and retained earnings $400,000. Manolo is considering the following two courses of...
-
Tidal Corporation was organized on January 1, 2017. It is authorized to issue 20,000 shares of 6%, $50 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1...
-
Assignment For this lab, the student will use Fixed/Constant-Length Subnet Masking for the following network diagram. I suggest having a pencil and paper handy to work out the Subnet calculations....
-
Is it possible for you to write the whole code for this and not just the structure outline? The actual specifications are listed here. DESCRIPTION: In this assignment you are required to implement...
-
A company named Contoso, Ltd. is migrating its legacy PBX system to Microsoft Teams Phone. As a Microsoft Teams administrator you want a single provider for Teams Phone and the PSTN carrier. What...
Study smarter with the SolutionInn App