Plans to sell the forest, Financial Accounting

Washington-Pacific invests $2 million to take a tract of land and plant some young pine trees. The trees can be harvested in 13 years, at which time W-P plans to sell the forest at an assumed price of $4 million. What is W-P's assumed rate of return?

To done your last year in business school and then go by law school, you will require $15,000 per year for 4 years, starting next year (that is, you will require to withdraw the first $15,000 one year from today). Your rich uncle offers to put you by school, and he will deposit in a bank paying 7.09% interest a sum of money that is sufficient to give the 4 payments of $15,000 each. His deposit will be made today.

 

Posted Date: 3/29/2013 6:28:31 AM | Location : United States







Related Discussions:- Plans to sell the forest, Assignment Help, Ask Question on Plans to sell the forest, Get Answer, Expert's Help, Plans to sell the forest Discussions

Write discussion on Plans to sell the forest
Your posts are moderated
Related Questions
Q. Capital asset pricing model to estimate a project? CAPM could have been utilized to estimate a project - specific Ke if the project activities were different from that of th

Qualified Opinion - AUDIT opinion which states, except for effect of a matter to which a qualification relates, FINANCIAL STATEMENTS are fairly presented in accordance with GENERAL

Ask question Sean Corp. issued a $60,000, 10 year bond at the face rate of 8% annually on 1/1/X0. The market rate was 10%. How much cash will the bond investors receive at the end


Accounting concepts The word 'Accounting Concept' is used to denote necessary assumptions and ideas which are basic to accounting practice. The variety of accounting concepts i

Activity Cost Drivers An element of measurement for the stage (or quantity) of an activity that is performed within a business company.  Hence, a movement cost driver represen

Clarkston Inc issued $1,000,000 of convertible 10- year, 11% bonds on July 1, 2014. The interest is payable semiannually on January 1 and July 1. The discount in connection with th

THE INCOME STATEMENT It shows the financial performance of the company during the given financial period. It discloses the income and expenses and thus the net profit for the per


Q. Standards for Accounting and Review Services? Statements on Standards for Accounting and Review Services (SSARS) - Statements issued by AMERICAN INSTITUTE OF CERTIFIED PUBLI