Question: hw help will upvote QUESTION 13 What is the present value of $100,000 due 7 years from now, discounted at 8%? 58,349 58,201 100,000 55,785

hw help will upvote  hw help will upvote QUESTION 13 What is the present value
of $100,000 due 7 years from now, discounted at 8%? 58,349 58,201

QUESTION 13 What is the present value of $100,000 due 7 years from now, discounted at 8%? 58,349 58,201 100,000 55,785 QUESTION 14 Assume at the end of the fourth period, Candlestick Inc., having sold its bonds at a premium, rotires the bonds at 104 (104% of par value) aftor paying the annual interest. Assume that the carrying value of the bonds at the redemption date is $100,800 (principal $100,000 and promlum $800), Candlestick's journal entries that record the redemption at the end of the fourth interest period include Credit gain on bond redemption of $3,200 Debit loss on bond redemption of $2,600 Credit gain on bond redemption of $2,600 Debit loss on bond redemption of 3,200 QUESTION 15 ABC Company issued $600,000, 10% 10-year bonds on January 1, 2010 when the market interest rate was 12% Interest is paid annually, Determine the selling price of the bond. 193,182 532,195 212,500 600,000 QUESTION 16 Grey Inc. purchased a machine on January 1, 2019, for $400,000. The machine has an estimated useful life of 8 years and a $20.000 residual value. Calculate the net book value of this machine on December 31, 2021 using the double declining-balance method of depreciation 56,250 75,000 168,750 225,000

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