Quiz – Samson Inc.
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given the cash savings per year along with the interest rate, they ask you to calculate the present value of the cash savings.
Given the cash savings per year along with the interest rate, they ask you to calculate the present value of the cash savings.
Given the issued bond percent, face amount, years to maturity, and market yield, they ask you to determine the price of the bonds.
Given the amount a tractor rig sells for along with the purchase plan and interest rate, they ask you to calculate the annual lease payment along with determining the interest income earned.
Given two options for a pension plan, they ask you to determine the present value of the pension plan at both the time of retirement and at the current time.
Given the amount saved in multiple years, they ask you to calculate the present value of the cash flows.
Given the payment made annually, the period, and the lease liability, they ask you to determine the interest rate.
Determine how you would search the second row in the (PV of $1), to find the annual interest rate.