Question
$10.00 Week 11 help
- From Business: Accounting
- Closed, but you can still post tutorials
- Due on Jun. 16, 2012
- Asked on Jun 11, 2012 at 8:54:02PM
Accounting Solutions
- This tutorial was purchased 1 time and rated A+ by students like you.
- Posted on Jun 11, 2012 at 11:40:42PM
FINANCE ; WEEK 11 a : ALL M/C QUESTIONS ANSWERED : SURE A+ GRADE.(WEEK 11 B ALSO FOLLOWS).
- This tutorial hasn't been purchased yet.
- Posted on Jun. 12, 2012 at 09:51:56AM
Posted by :
pavan101
Rating (190):A-
Questions Asked: 10
Tutorials Posted: 1780,
Blog Posts: 2,
Earned: $5,674.07
Rating (190):A-
Questions Asked: 10
Tutorials Posted: 1780,
Blog Posts: 2,
Earned: $5,674.07
A:
Preview: ...
Stock investment in affiliate
9. Q 85. C. $920 .
(2600-1680 = 920).
10. Q 36. A.
long-term investments.
11. Q25. C. Assets.
12. Q 125. A.
Future value of 1 .
13. Q 75. A. 7 years.
(200000/1.1^n = 102632 , so n = 7 ).
14. Q 66. B. $3,000x1.260 .
15. Q ...
The full tutorial is about 228 words long .
FINANCE ; WEEK 11 b : ALL QUESTIONS ANSWERED : SURE A+ GRADE.
- This tutorial hasn't been purchased yet.
- Posted on Jun. 13, 2012 at 08:32:44AM
Posted by :
pavan101
Rating (190):A-
Questions Asked: 10
Tutorials Posted: 1780,
Blog Posts: 2,
Earned: $5,674.07
Rating (190):A-
Questions Asked: 10
Tutorials Posted: 1780,
Blog Posts: 2,
Earned: $5,674.07
A:
Preview: ... €¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦$ 318.400Â
Â
Â
AE7-27.
Â
a.Â
Cash received on Dec 31,2012 by Conchita Martinez :
Â
PV of principal = $1020000/1.12^5 = $578775.39 = $578775 .
Â
PV of interest revenue = $(1020000*0.10)(1.12^5-1)/(0.12*1.12^5),
= $367687.17 = $367687 .
Cash received = Sum of above PVs. = $946,462Â (ANSWER).
Â
Â
b.
Date……….. cash(10%). interest(12%). increase in CA. CA of note.
Â
12/31/12 …………………………………………………….. $ 946,462
12/31/13….. $102,000 … $ 113,575 ……$ 11,575 ……… 958,037
12/31/14…… 102,000 …….114,964……… 12,964 ……… 971001
Â
Â
c.
Loss due to impairment :
Â
Carrying amount of loan on 12/31/14 : ….. $ 971,001
Â
Less PV of $612,000 for 3 years : ……….. ($ 435,610)
(612000/1.12^3 = 435610)
Â
Less PV of $102,000 annually for 3 years :Â ($244,98 ...
The full tutorial is about 391 words long .
