Calculate the future value of $5000 if it is invested at an interest rate of 16% compounded quarterly for 5 years and 6 months. $10 849.59 $11 849.59 $11809.59 $5849.59 O $11049.59

Q: j) If they use effective interest amortization, how much of the discount (or premium) will they…

A: The effective interest method of amortization determines the portion of interest expense and…

Q: Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31,…

A: Dividends are paid in two types Stock dividends and Cash dividends. Stock dividend means a payment…

Q: Total assets Average total assets Net income Sales Average common stockholders' equity Net cash…

A: ANSWER A)Asset Turnover ratio is the ratio between the company's salea revenue and the average value…

Q: Bonus by Sparrow to old Partners ( in Old Ratio) How did u get the answer? Using old 30/30/40?

A: This is a follow-up question. The learner has reposted it with the appropriate confusion so that we…

Q: 9. As construction plans begin to develop for the new education building, a church member offers to…

A: An accounting book's journal entry is a record of a company's financial transactions. A fully…

Q: 15. The income statement of Osborne Company reported net income of $500,000 for the year ended…

A: Answer:-  Retained earnings meaning:- The amount of profit a business keeps after paying all of its…

Q: Kathleen contributes 3% of her $45,000 of annual earnings into an RRSP. As part of her total…

A: It is the plan that helps the employee to earn certain income after his retirement. This plan…

Q: The difference between LIFO and FIFO valuation methods is $2,500. Given that the corporation pays a…

A: FIFO method is first in first out method where inventory bought first is sold first. LIFO method is…

Q: Zulu sells its waterproof phone case for $114 per unit. Fixed costs total $222,000, and variable…

A: In case of target income, we will calculate units sold by putting x as units sold and then solving…

Q: investments with low return variances usually: a. have a high return standard deviation b. have…

A: d. none of these options   SINCE THE INVESTMENTS WITH  LOW RETURN VARIANCE HAS LOW STANDARD…

Q: Unit Costs, Inventory Valuation, Variable and Absorption Costing Snyder Company produced 89,800…

A: Absorption Costing Method :— In this method, product cost is the sum of direct material, direct…

Q: month's sales. The April 30 ending finished goods inventory is 75 units. Prepare the production…

A: The budget for production is prepared to estimate the units to be produced for the required sales…

Q: Cycle Time and Velocity Bemidii Company has the following data for one of its production…

A: The question has asked to compute the following figures.   Cycle time: Cycle time refers to the…

Q: Bedford Market's accountant is preparing its the following data: May 1 balance May deposits May…

A: The deposit in transit for current month should be added and previous month deposit in transit…

Q: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 In its consolidated cash flow…

A: A cash flow statement is a financial statement that provides aggregate data regarding all cash…

Q: y , U21, Music AT d exchange for a new machine. The note is to be paid in four equal payments of…

A: Installment notes are defined as liabilities. Installment note requires that they are to be repaid…

Q: Using the least aggregate deferral method, what year should the partnership adopt?

A: A least aggregate deferral method is the method which is used by the partnership so that the tax…

Q: Interview Notes Leon Martin is single and has never been married. Leon earned wages of $23,000…

A: Answer is true. Leon can claim the students loan interest deduction as an adjustment to income on…

Q: Compute Berclair's basic and diluted earnings per share for the year ended December 31, 2024.…

A: 1. Basic EPS (Net income - preferred dividends) ÷ weighted average of common shares outstanding…

Q: In January 1 20x1 abc company issued a 1000000 10 year bond with a stated interest rate of 9%…

A: The bonds are issued at premium when market rate is lower than the coupon rate of bonds payable. The…

Q: Depreciation by Units-of-activity Method Prior to adjustment at the end of the year, the balance in…

A: Lets understand the basics. Depreciation is reduction in value of asset due to wear and tear,…

Q: 40. Jupiter Inc. reports the following information for August: Sale revenue. Variable costs.. Fixed…

A: The contribution margin may be said on a gross or according to-unit basis. It represents the…

Q: Production and Purchases Budgets in Units At the end of business on June 30, 2017, the PE Rug…

A: Production budget: It is prepared o the basis of sales budget and the desired ending inventory.…

Q: Prepare a classified balance sheet for Lantana Company. d. Bought $900 of supplies on account. e.…

A: Balance is one of the financial statements. It is prepared to indicate the financial health of the…

Q: Camil Company is engaged in buying and selling of cleansing products. The following transactions and…

A: The question asked to determine the cost of inventory on December 31, 2017.   Gross profit method:…

Q: Rodrigo and Harry are both owners of an existing single proprietorship businesses. They agreed to…

A: The assets invested by partners in the partnership firm are recorded at fair market value of those…

Q: The following data relate to the Machinery account of Wildhorse, Inc. at December 31, 2025. Original…

A: Journal entry is the procedure for initially documenting commercial transactions in the books of…

Q: A company has the following: Cash $ 10,000 A/R 20,000 Supplies 5,000 Inventory 35,000 Marketable…

A: Solution: Correct answer :  (a) $ 40,000 Working capital = current assets - Current liabilites…

Q: Makindu fries Enterprises Ltd manufactures food products. The details of the manufacturing cost of…

A: APPROPRIATE MATERIAL VARIANCE   MATERIAL COST VARIANCE Standard Cost - Actual Cost = ( 6 kg X…

Q: If $10,000 is invested at 10% compounded annually, how much interest is earned in 2 years? More than…

A: FUTURE VALUE  Future value is the value of an asset at a specific date. Future value is the…

Q: If the company pays preferred stock dividends how much will it pay this year? How many shares of…

A: The stockholder’s equity section tells about the total paid in capital and retained earnings that…

Q: These are the selected anaswer provide to select accordingly towards the cash statement: decrease…

A: the cash flow statement is prepared under with the recording of the three activity name the…

Q: a critical evaluation of the accounting function in informing social needs and expectations

A: Answer:-  Accounting meaning:- Accounting is the practice of keeping track of a company's financial…

Q: artners A and B have a profit and loss agreement with the following provisions: - Salaries of…

A: The partnership comes into existence when two or more persons agree to do the business and further…

Q: ou must negotiate virtually with a vendor in another country. The client relationship is sensitive…

A: Explanation : To negotiate virtually with a vendor in another country it’s better to choose email as…

Q: Required information Four years ago, Sierra Instruments of Monterey, California, spent $200,000 for…

A: The question has asked to compute the cash flow after tax.   According to the IRS, the depreciation…

Q: Wail Inc. is currently a firm that has 2 million shares of stock outstanding with a market price of…

A: Recapitalization is the variation in the capital structure of a company, due to which there will be…

Q: S the transactions. ank reconciliation and entries OBJ. 5 Ecount for Capstone Medical Co. at…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: Paragraph should include topic, why you feel this was helpful and how this information will help you…

A: Learning about the different types of computer programming languages was incredibly helpful for…

Q: Sudoku Company issues 20,000 shares of $8 par value common stock in exchange for land and a…

A: Introduction: When a company purchases any fixed assets in exchange of its common stock then fair…

Q: What is the company’s total contribution margin under variable costing? 3. What is the company’s net…

A: The income statement is prepared to record the revenues and expenses of the current period. It helps…

Q: 24. Lense Laboratories' net income was $250,000. Given the account information below, what is the…

A: The correct answer is: (C) $312,000   Net profit for the year $250,000 Less: Increase in accounts…

Q: Using the following information: a. Beginning cash balance on March 1, $82,000. b. Cash receipts…

A: Cash Receipt :— It is the cash collection from customer against sale of goods.    Cash Disbursement…

Q: TB Problem 21-167 (Algo) The Murdock Corporation reported the following balance sheet data for 2021…

A: Cash flow statement is the financial statement that records the cash inflow and cash outflow…

Q: On January 1, 2021, Hinata, Tsukki and Kageyama formed Haikyu Partnership with a total agreed…

A: Partnership refers to the form of business in which two or more partners are agreed to run the…

Q: Predetermined Factory Overhead Rate Poehling Medical Center has a single operating room that is used…

A: Overhead is the cost incurred by the entity on the making of the goods. It includes the cost…

Q: Sdn Bhd invested in two projects, project Alpha and project Beta. The projects are independent of…

A: The project are said to be mutually exclusive when one project should only we selected and other…

Q: and a building. Five years ago, the stockholder purchased the land for $40,000 and constructed the…

A: In case of issue of common stock in exchange for asset, then assets acquired are to be debited at…

Q: On January 1, 2022, Affable Co. contracted with a contractor to construct a building for…

A: Capitalized interest is not immediately expensed on a company's income statement, in contrast to…

Q: What is the earned income tax credit (EITC)? The EITC probably increases labor force participation…

A: Indifference curve analysis refers to the representation in the graphical form of the products…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.