Given a Set of Present Value Tables…
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
They ask what else is needed besides tables, interest rate, amt of payment, and number of pmts.
They ask what else is needed besides tables, interest rate, amt of payment, and number of pmts.
They tell you selling price went up by $2 because variable cost went up $2 and wants to know the effect on the breakeven point.
Asks what table to use to determine her monthly check.
Tells you Loan A is Annuity Due and Loan B is an Ordinary Annuity. Asks which has a higher present value.
They tell you the money today and ask how many years to accumulate the money to buy the car.
Your numbers will vary.
They tell you they deposit money into a bond sinking fund at the end of each year for a few years and asks what it will accumulate to.
Your numbers will vary.
They tell you an investor purchases a $1000 par value bond that pays semiannual interest and they ask you the current market value of the bond.
Your numbers will vary.
They tell you the company wishes to earn a return on their investment and asks the number of years it will take.
Your numbers will vary.
They sell an asset and buyer agrees to make annual payments and they ask for the amount of the annual payment beginning on date of sale.
Your numbers will vary.
They ask you to determine where you would search in order to find the interest rate needed to accomplish their goal.
Your numbers will vary.