Find annuity payment required

Assignment Help Accounting Basics

Reference no: EM131268560

Rosey's Roses Present and Future Values -

Future need: $15,000.00

Term (in years): 4

Interest rate: 6%

Find Annuity payment required: ?

Future need: $15,000.00

Term (in years): 4

Interest rate: 6%

Invest now: ?

Annuity investment: ($1,000.00)

Term (in years): 4

Interest rate: 5%

Future value: ?

Current investment: ($4,000.00)

Term (in years): 4

Interest rate: 5%

Future value: ?

Rosey's Roses Predicting Costs -

Month	Miles Driven	Delivery Expense
Jan-12	5,400	$ 12,000
Feb-12	5,700	$ 12,100
Mar-12	6,300	$ 12,600
Apr-12	4,200	$ 10,100
May-12	7,500	$ 13,750
Jun-12	3,500	$ 10,000
Jul-12	8,000	$ 18,000
Aug-12	5,300	$ 12,000
Sep-12	5,100	$ 11,000
Oct-12	4,700	$ 10,100
Nov-12	6,300	$ 13,000
Dec-12	7,500	$ 15,000
Jan-13	10,200	$ 20,000
Feb-13	8,800	$ 15,700
Mar-13	7,500	$ 14,500
Apr-13	6,900	$ 12,950
May-13	7,900	$ 18,000
Jun-13	7,200	$ 13,500
Jul-13	9,500	$ 18,000
Aug-13	9,800	$ 19,000
Sep-13	11,300	$ 21,000
Oct-13	12,500	$ 21,050
Nov-13	6,500	$ 14,000
Dec-13	5,900	$ 10,500

High Expense

Low Expense

Difference

Rosey's Roses - Allowance for Uncollectible Accounts

Aging Method Information	Current	0 - 30 Days Past Due	31 - 60 Days Past Due	61 - 90 Days Past Due	> 90 Days Past Due	Total
Amount
Past experience ratio

Past experience ratio for % of sales method

Facts:

Accounts receivable balance (beg)

Sales on account

Collections on account

Write-offs of accounts receivable

Accounts receivable balance (end)

Percentage of Sales Method:

Allowance for uncollectible accounts (beg)

Write-offs of accounts receivable

Uncollectible accounts expense

Allowance for Uncollectible accounts (end)

Aging Method:

Allowance for uncollectible accounts (beg)

Write-offs of accounts receivable

Uncollectible accounts expense

Allowance for uncollectible accounts (end)

Attachment:- Assignment.rar

Reference no: EM131268560

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