E6-5 (Computation of Present Value) Using the appropriate interest table‚ compute the present values of the periodic amounts‚ shown on page 344‚ due at the end of the designated periods. (a) $50‚000 receivable at the end of each period for 8 periods compounded at 12%. 50‚000* 4.9676= $248‚380 (b) $50‚000 payments to be made at the end of each period for 16 periods at 9%. 50‚000* 8.3126= $415‚630 (c) $50‚000 payable at the end of the seventh‚ eighth‚ ninth‚ and tenth periods at 12%. 50‚000*
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identification of problem faced by FCB is needed and solution should be implemented which can give immediate effect in order to avoid devastating FCB reputation as well as allowing FCB remained as the nation’s leading air cargo carrier. Issue Uncollectible debts‚ improper sales transaction‚ incorrectly recorded debtors’ account and abnormal transaction had caused Air Flat Cargo involved the possibility of fraud in a financial audit engagement. Problem Identified in Flat Cargo Berhad In 2006‚ during a routine
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Book review In the book “The Bad Beginning” the story is about three kids and their life getting robed by a house fire. Violet Baudelaire‚ a fourteen year old girl‚ Klaus Baudelaire‚ a twelve year old boy‚ and Sunny Baudelaire‚ the baby in the family‚ In the beginning‚ the mom and the dad die in a house fire and the kids are forced to live with an evil man named count Olaf. Count Olaf is trying to steal the Baudelaire family fortune by marring Violate and then plans to kill her. During this
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Chapter 14 Working Capital and Current Assets Management Solutions to Problems P14-1. LG 2: Cash Conversion Cycle Basic = Average age of inventories + Average collection period = 90 days + 60 days = 150 days (a) Operating cycle (OC) (b) Cash Conversion Cycle (CCC) = Operating cycle − Average payment period = 150 days − 30 days = 120 days = (total annual outlays ÷ 365 days) × CCC = [$30‚000‚000 ÷ 365] × 120 = $9‚863‚013.70 (d) Shortening either the average age of inventory or the average collection
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Breaking Bad Review Breaking Bad is a show that stands far out among any other show on television today. An uncommon combination of good actors along with a captivating storyline grab the attention of any watcher and have them hooked from their very first episode. The show begins by introducing a chemistry teacher by the name of Walter White. **At this point anyone who hasn’t seen the show may want to leave.** Walter is a regular chemistry teacher living a normal life with his wife and son
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the management of a companyto deliberately manipulate the company’s earnings so that the figures match a pre-determinedtarget. This practice is carried out for the purpose of income smoothing. Thus‚ rather thanhaving years of exceptionally good or bad earnings‚ companies will try to keep the figuresrelatively stable by adding and removing cash from reserve accounts. So‚ the financialstatements of the company will be seen smoothly over the years with the smooth earnings or net profits.The reasons
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Jeremy moffitt Developmental writing d Mr evens 2/26/2014 “The end of a bad beginning” The end of a bad beginning to me is when I picked up a family habit of ‚smoking cigarettes . I don’t know where my habit came from but I know I want‚ need and have to stop smoking . the reason for the all of a sudden change is because I feel it is affecting my breathing and daily life functions. In many words I feel it is affecting my brain cells an memory
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Part A - AIB January 2015 Course Assessment 1 Failsworth Feeds - Cash Budget for the year to 31st December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals Notes Output (total number of products) - - - - 3‚000 3‚300 3‚630 3‚993 4‚392 4‚832 5‚315 5‚846 34‚308 1 Weeks per month 4 4 5 4 4 5 4 4 5 4 4 5 52 CASH IN
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In the Huffington Post they say that college is not worth the debt that you come out with‚ many people think that college is a waste of time and you come out with more debt than you will be earning in your year salary. Well they are wrong‚ yes you come out with roughly $24‚ 804 in debt of student loans for the average person getting a bachelor’s degree. You will start out $66‚ 200‚ that is $26‚ 150 more than someone with a high school diploma would earn in one year. Even if you paid off your student
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1. Credit card debt workout is when you are arranged a deal to get you out debt for a lower price. Say you have $12‚000 in debt‚ a credit card debt workout would possibly give you a deal to pay this debt off in full for $9‚000. Someone who is a qualified for bankruptcy is usually eligible for this workout. Someone with bad credit is more than likely eligible for this workout plan. Someone who is displaying a problem with paying their debt is someone is who should probably consider using this
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