Calculate present value, Accounting Basics

Assignment Help:
Windsor Company will receive $100,000 in 7 years. If the appropriate interest rate is 10%, the present value of the $100,000 receipt is ?
Answer: PV = FV (PVIF)
= $100,000 x 0.5132
= $ 51320

Related Discussions:- Calculate present value

Fifo under perpetual inventory procedure, Q. FIFO under perpetual inventory...

Q. FIFO under perpetual inventory procedure? FIFO under perpetual inventory procedure in perpetual inventory procedure the ending balance in the Merchandise Inventory account r

What is fob destination, Q. What is FOB destination? FOB destination si...

Q. What is FOB destination? FOB destination signifies free on board at destination. The seller ships the goods to their destination with no charge to the buyer. Therefore the s

Macrs, define Macrs in detail

define Macrs in detail

Define the product costs, Q. Define the Product costs? Product costs ar...

Q. Define the Product costs? Product costs are costs earns in the acquisition or manufacture of goods. Since you will see in the next section included as product costs for purc

Determine the additional cash, Determine the additional cash a company coul...

Determine the additional cash a company could obtain from its working capital accounts if it can improve its average collection period by three days and inventory turnover by 0.5 t

Cash equivalents and investments, Q. Cash equivalents and investments? ...

Q. Cash equivalents and investments? Cash as well as cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. SFA

Effects of transaction, Effects of transaction An asset supplies...

Effects of transaction An asset supplies on hand increases (debited) as well as a liability accounts payable increases (credited) by USD 1400. The debit is to Supplies o

Nos, the spelling of number is different than code

the spelling of number is different than code

Accrual concept, Accrual Concept The accrual concept makes a distincti...

Accrual Concept The accrual concept makes a distinction among the receipt of cash, and the right to obtain it, and the payment of cash and the legal obligation for pay it. In

Explain interest revenue, Q. Explain Interest revenue? Interest revenue...

Q. Explain Interest revenue? Interest revenue Savings accounts exactly earn interest moment by moment. Hardly ever is payment of the interest made on the last day of the accoun

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd