Homework Answers
Calculation:
Annuity * PVAF ( 10% ,6)
88200 * 4.35526
= 384133.99
Sheridan company invested = $384,133.99
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Sheridan Company earns 10% on an investment that pays back $88,200 at the end of each...
Brief Exercise G-12 Carla Vista Co. earns 10% on an investment that pays back $81,000 at...
Brief Exercise G-12
Carla Vista Co. earns 10% on an investment that pays back
$81,000 at the end of each of the next 10 years.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What is the amount Carla Vista Co. invested to earn the 10% rate of
return? (Round answer to 2 decimal places, e.g.
25.25.)
Carla Vista Co. invested
$enter an amount invested in dollars rounded...
Brief Exercise G-10 Blossom Company earns 8% on an investment that will return $430,000 7 years...
Brief Exercise G-10
Blossom Company earns 8% on an investment that will return
$430,000 7 years from now.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What is the amount Blossom should invest now to earn this rate of
return? (Round answer to 2 decimal places, e.g.
25.25.)
Blossom Company should invest
$enter an amount to be invested in dollars rounded to 2 decimal
places
Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $453,000 9 years...
Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $453,000 9 years from now. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $ LINK TO TEXT Brief Exercise G-11 Robben Company is considering investing in an annuity...
Brief Exercise G-10 Lloyd Company earns 6% on an investment that will return $465,000 9 years...
Brief Exercise G-10 Lloyd Company earns 6% on an investment that will return $465,000 9 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $
Cullumber Company earns 11% on an investment that will return $450,000 6 years from now. Click...
Cullumber Company earns 11% on an investment that will return $450,000 6 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Cullumber should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Cullumber Company should invest
X Your answer is incorrect. Pharoah Company earns 9% on an investment that will return $370,000...
X Your answer is incorrect. Pharoah Company earns 9% on an investment that will return $370,000 9 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Pharoah should invest now to earn this rate of return? (Round answer to 2 decimal places, eg. 5,275.25.) Pharoah Company should invest $ 170539.1 e Textbook and Media Attempts: 1 of 3 used
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect....
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect. Kaehler Enterprises earns 11% on an investment that pays back $85,000 at the end of each of the next 7 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Kaehler Enterprises invested to earn the 11% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)...
Sheridan Company receives a $79,300, 9-year note bearing interest of 10% (paid annually) from a customer at a time when...
Sheridan Company receives a $79,300, 9-year note bearing interest of 10% (paid annually) from a customer at a time when the discount rate is 11%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the present value of the note received by Sheridan? (Round answer to 2 decimal places, e.g. 25.25.) Present value of note received $enter the present value of the note rounded to 2...
Sunland Company is considering an investment that will return a lump sum of $863,000, 8 years...
Sunland Company is considering an investment that will return a lump sum of $863,000, 8 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sunland Company pay for this investment to earn an 9% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $enter the amount that should be invested rounded to 2 decimal places
Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of...
Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of $864,800, 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Crane Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay Click if you would like to Show Work for this question: Open...
Brief Exercise G-12
Carla Vista Co. earns 10% on an investment that pays back
$81,000 at the end of each of the next 10 years.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What is the amount Carla Vista Co. invested to earn the 10% rate of
return? (Round answer to 2 decimal places, e.g.
25.25.)
Carla Vista Co. invested
$enter an amount invested in dollars rounded...
Brief Exercise G-10
Blossom Company earns 8% on an investment that will return
$430,000 7 years from now.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What is the amount Blossom should invest now to earn this rate of
return? (Round answer to 2 decimal places, e.g.
25.25.)
Blossom Company should invest
$enter an amount to be invested in dollars rounded to 2 decimal
places
Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $453,000 9 years from now. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $ LINK TO TEXT Brief Exercise G-11 Robben Company is considering investing in an annuity...
Brief Exercise G-10 Lloyd Company earns 6% on an investment that will return $465,000 9 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $
X Your answer is incorrect. Pharoah Company earns 9% on an investment that will return $370,000 9 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Pharoah should invest now to earn this rate of return? (Round answer to 2 decimal places, eg. 5,275.25.) Pharoah Company should invest $ 170539.1 e Textbook and Media Attempts: 1 of 3 used
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect. Kaehler Enterprises earns 11% on an investment that pays back $85,000 at the end of each of the next 7 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Kaehler Enterprises invested to earn the 11% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)...
Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of $864,800, 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Crane Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay Click if you would like to Show Work for this question: Open...
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