Question: For each of the following cases, indicate () to what rate columns, and (b) to what number of periods you would refer in looking up


For each of the following cases, indicate () to what rate columns, and (b) to what number of periods you would refer in looking up the interest factor 1. In a future value of 1 table: Annual Rate Number of Years Invested Compounded (a) Rate of Interest (b) Number of Periods 10% 11 Annually b Quarterly 12 19 Semiannually 2. In a present value of an annuity of 1 tablet (Round answers to I decimal place 6,9 458,56.1.) Annual Rate Number of Years Invested Number of Rents Involved Frequency of Rents (a) Rate of Interest (b) Number of Periods 10% 27 27 Annually 11% 14 28 Semiannually G 12% 7 28 Quarterly C b Lombardy Inc. Income statement for the fiscal year ending June 30, 2020, included an unusual ou from the sale of certain assets. How does intraperlod taxatication affect the reporting of this unusual lo Oon Lombardy's June 30, 2020 income Statement, the unusual loss would be shown het of tax and require camins per share presentation On Lombardy 30, 2020 Income Statement, the would be shown that of tax, but would not have earnings per share shown for the unusual lot Lombardy's management can choose worrotto present the untos net of tax and with earnings per share disclosure on the Company's June 30, 2020, Income Statement The unusual loss hd not be shiwn net of tak, hoewings per share for the loss shown on Lombard 303.2020 income statment Zone Co. for dit truck which originally cost $12,000, and after 7 years had built up an Accumulated Depreciation balance of $8,400 on Dec 31, 2019. On Jan 1, 2020, Zone Co. changed the estimated life of its forklift truck from the original estimated life of 10 years to a revised estimated total life of 15 years. Ignoring salvage value, which of the following statements is correct? O Zone Co. needs to go back and reissue corrected financial statements for the previous 7 years. Depreciation expense starting with the current 2020 year will increase from what it was in the first seven years Net income will increase in 2020 and over the revised remaining of the forklift None of the above is correct (e, the other answers are all incorrect)
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