subject
Business, 05.12.2019 18:31 chickennbutt0730

On january 1 of this year, shannon company completed the following transactions (assume a 10% annual interest rate): (fv of $1, pv of $1, fva of $1, and pva of $1) (use the appropriate factor(s) from the tables provided.)a. bought a delivery truck and agreed to pay $60,000 at the end of three years. b. rented an office building and was given the option of paying $10,000 at the end of each of the next three years or paying $28,000 immediately. c. established a savings account by depositing a single amount that will increase to $90,000 at the end of seven years. d. decided to deposit a single sum in the bank that will provide 10 equal annual year-end payments of $40,000 to a retired employee (payments starting december 31 of this year).1. what is the cost of the truck that should be recorded at the time of purchase? (round your answer to nearest whole dollar.)2. which option for the office building results in the lowest present value? pay in single installment or pay in three installments? 3. what single amount must be deposited in this account on january 1 of this year? (round your answer to nearest whole dollar.)4. what single sum must be deposited in the bank on january 1 of this year? (round your answer to nearest whole dollar.)

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 16:30, makaylapink8167
Calculate the required rate of return for an asset that has a beta of 1.73, given a risk-free rate of 5.3% and a market return of 9.9%. b. if investors have become more risk-averse due to recent geopolitical events, and the market return rises to 12.7%, what is the required rate of return for the same asset?
Answers: 2
image
Business, 21.06.2019 21:20, jesus3426
According to the u. s. census bureau (), the median household income in the united states was $23,618 in 1985, $34,076 in 1995, $46,326 in 2005, and $57,230 in 2015. in purchasing power terms, how did family income compare in each of those four years? you will need to know that the cpi (multiplied by 100, 1982–1984 = 100) was 107.6 in 1985, 152.4 in 1995, 195.3 in 2005, and 237.0 in 2015
Answers: 3
image
Business, 21.06.2019 21:30, javonteoshamccaliste
The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e. g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e. g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process. b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table. c. describe how you would use the relational database to determine the beach dude’s accounts receivable.
Answers: 3
image
Business, 22.06.2019 09:00, Moocow17
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
You know the right answer?
On january 1 of this year, shannon company completed the following transactions (assume a 10% annual...

Questions in other subjects:

Konu
Mathematics, 20.12.2020 06:10
Konu
Advanced Placement (AP), 20.12.2020 06:10
Konu
Mathematics, 20.12.2020 06:10
Konu
Mathematics, 20.12.2020 06:10
Konu
Social Studies, 20.12.2020 06:10