Find the present value of these cash flows

Assignment Help Accounting Basics
Reference no: EM132609212

Question - Today is January 1, 2015. On the first day of the years 2016 through 2035, you will receive $10,000. If cash flows are discounted at 10% per year, find the present value of these cash flows as of today (rounded to the nearest dollar)?

a. $80,325

b. $93,649

c. $85,136

d. $66,600

e. None of the above

Reference no: EM132609212

Questions Cloud

What is the impact of each alternative for the shareholder : What is the impact of each alternative for the shareholder, assuming that the shares' market price changes proportionately with the alternative
Define the iasb and aasb conceptual frameworks : Define the IASB and AASB Conceptual Frameworks, including their objective of general purpose financial reporting. What does Deegan mean by this statement?
Which issues include in australia ageing : Australia's ageing population has produced some unique issues which will need to be addressed by current and future governments. These issues include
Emerging threats and counter measures : Create an official report of what issues this cyber-attack has caused on the nation's financial infrastructure.
Find the present value of these cash flows : If cash flows are discounted at 10% per year, find the present value of these cash flows as of today (rounded to the nearest dollar)
How long is average collection period : Sharam industries has a 120-day operating cycle. If its average age of inventory is 50 days, how long is its average collection period?
Organization to implement data mining process : You are a data mining consultant hired by your organization to implement a data mining process.
Why institutions are reluctant to move their it to the cloud : Discuss in 500 words, why institutions are reluctant to move their IT to the cloud. Consider specific industries like education, medicine, military, etc.
Which statements correct regarding land tax and stamp duty : Which statements is correct regarding land tax and stamp duty? An investment property is liable for stamp duty but a main residence is not

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  What is the promotional expense for coupons

Funzy Cereal includes one coupon in its cereal and offers a toy car in exchange for $1.00 and coupons. The cars cost $1.50. 40% of the coupons were redeemed in the 1st month. 12 million boxes of cereal were sold and 2.4 million coupons redeemed. W..

  The sole contributor to a philanthropically-based foundation

The sole contributor to a philanthropically-based foundation

  Prepare a static budget for the receiving activity

Activity-Based Budgeting Fermi Company decided to look more closely at the materials receiving activity in its factory.

  Prepare the journal entries to record the expenditure

Culver still feels the patent will be useful until the end of 2026. Prepare the journal entries to record the $25,600 expenditure and 2019 amortization

  Calculate the revenue to be recognized in fiscal year

The Pickle construction division was working on one project for the 2012 fiscal year. They use the percentage of completion revenue recognition method.

  What was sub co total dividends for the year

Parent Co. invested $1,053,000 in Sub Co. for 25% of its outstanding stock. What was Sub Co.'s total dividends for the year

  Advantages and disadvantages of standard costs

What are some of the advantages and disadvantages of standard costs? How do managers determine what the standard cost should be? Describe the effect of inaccurate standard costs on financial reporting.

  Ruling for overtime work under piece-rate system

During the first week in November, Erin Mills worked 45 ½ hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit. Mills is paid overtime according to the FLSA ruling for overtime work under piece-rate syst..

  Why not just focus on the integrated model from the start

Why take the time to develop separate REA diagrams for each business cycle if the ultimate objective is to combine them into one integrated enterprise-wide data model? Why not just focus on the integrated model from the start?

  Compute the gain recorded by Reynolds Interiors

Compute the gain recorded by Reynolds Interiors on 4/1/20x1 associated with the acquisition of the machinery and equipment, on their separate

  Compute the product cost per unit for each job

Compute the product cost per unit for each job, using the original costing system

  Examine the costs that wal-mart includes in inventory

Examine the costs that Wal-Mart includes in inventory and cost of sales. Defend the three descriptions that Wal-Mart used to classify inventories.

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