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On January 1, an investment account is worth $500,000. On April 1,...
On January 1, 2014, the balance in account is $25,200. On April 1, 2014, $500 are deposited in this account and on July...
On January 1, 2014, the balance in account is $25,200. On April 1, 2014, $500 are deposited in this account and on July 1, 2015, a withdraw of $1,000 is made. The balance in the account on October 1, 2015 is $25,900. What is the annual rate of interest in this account according with the dollar-weighted method (DWRR)?
Initially, $80,000 is put into an investment account. Three months later, $7,000 is withdrawn. Two years...
Initially, $80,000 is put into an investment account. Three months later, $7,000 is withdrawn. Two years after the initial investment, the account is worth $83313.70. Assuming a dollar-weighted method for the first year, and a time-weighted method for the second year, the effective annual interest rate was equal to the same value each year. What is that value?
An investor deposits 50 in an investment account on January 1 . The following summarizes the...
An investor deposits 50 in an investment account on January 1 . The following summarizes the activity in the account during the year: Date March 15 June1 October 1 Value Immediately 40 80 175 Before Deposit Deposit 20 80 75 On June 30, the value of the account is 157.50 . On December 31, the value of the account is X. Using the time-weighted method, the equivalent annual effective yield during the first 6 months is equal to the (time-weighted)...
On February 1, Arshak's Investment account has a balance of $19.000. He deposited $1,100 on April...
On February 1, Arshak's Investment account has a balance of $19.000. He deposited $1,100 on April 1 and $2,600 on May 1. He withdrew $8,400 on July 1. On November 1, Arshak's balance was $14,750. Find Arshak's approximate dollar weighed annual Yield for this nine month period using the following approximation (Round your answer to two decimal places.) "A. - Submit Answer
Landis Co. purchased $500,000 of 8%, 5-year bonds from Ritter, Inc. on January 1, 2011, with...
Landis Co. purchased $500,000 of 8%, 5-year bonds from Ritter, Inc. on January 1, 2011, with interest payable on July 1 and January 1. The bonds sold for $520,790 at an effective interest rate 7%. Using the effective interest method, Landis Co. decreased the Available-for-Sale Debt Securities account for the Ritter, Inc. bonds on July 1, 2011 and December 31, 2011 by the amortized premiums of $1770 and $1830 respectively. At December 31, 2011, the fair value of the Ritter,...
Fill in the dollar changes caused in the Investment account and Dividend Income or Investment Revenue...
Fill in the dollar changes caused in the Investment account and Dividend Income or Investment Revenue account by each of the following transactions, assuming Crane Company uses (a) the fair value method or (b) the equity method for accounting for its investments in Hudson Company. (Must Show All Work and Formulas) You should have amounts for BOTH methods for each of the 4 activities. At the end of Year 3, compute the ending balance in the Investment account under the...
On January 1, you deposited $7,300 in an investment account. The account will earn 8 percent...
On January 1, you deposited $7,300 in an investment account. The account will earn 8 percent annual compound interest, which will be added to the fund balance at the end of each year (Future Value of S1, Present Value of $1. Future Value Annuity of $1. Present Value Annuity of 5) (Use appropriate factor(s) from the tables provided.) 333 points Required: 1 What will be the balance in the account at the end of 10 years? 2. What is the...
9. Wilson Company acquired 10% of Rogers, Inc. on January 1, 2018 for $200,000 und appropriately...
9. Wilson Company acquired 10% of Rogers, Inc. on January 1, 2018 for $200,000 und appropriately accounted for the investment using the fair value method. On January , 2019 the fair value of Rogers stock was $3,000,000 in total. On January 1, 2019, Wilson also acquired an additional 30% of Rogers for $800,000 which resulted in significant influence over Rogers' operations. Roger's book value on January 1, 2019 was $2,000,000, although they owned a patent that was not recorded on...
Answers given. Can you explain why, with formulas. 1) On January 2, 2020, Maddison Company purchased...
Answers given. Can you explain why, with formulas. 1) On January 2, 2020, Maddison Company purchased 35% of the outstanding common stock of Ellinger, Inc. and subsequently used the equity method to account for the investment. During 2020 Ellinger, Inc. reported net income of $400,000 and distributed dividends of $100,000. The ending balance in the Investment in Ellinger, Inc. account at December 31, 2020 was $500,000 after applying the equity method during 2020. What was the purchase price Maddison paid...
Today is 1 January 2019. Kim is looking for an investment that will give her $500,000 in 5 years’ time so that she will have a sufficient deposit to purchase a $2.5m house in Sydney. Currently she has...
Today is 1 January 2019. Kim is looking for an investment that will give her $500,000 in 5 years’ time so that she will have a sufficient deposit to purchase a $2.5m house in Sydney. Currently she has saved about $380,000 to contribute to the deposit. She has started looking at Treasury bonds as she thinks they are a relatively low risk investment. However, she did not study finance at University so does not have a good understanding of Treasury...
On February 1, Arshak's Investment account has a balance of $19.000. He deposited $1,100 on April 1 and $2,600 on May 1. He withdrew $8,400 on July 1. On November 1, Arshak's balance was $14,750. Find Arshak's approximate dollar weighed annual Yield for this nine month period using the following approximation (Round your answer to two decimal places.) "A. - Submit Answer
On January 1, you deposited $7,300 in an investment account. The account will earn 8 percent annual compound interest, which will be added to the fund balance at the end of each year (Future Value of S1, Present Value of $1. Future Value Annuity of $1. Present Value Annuity of 5) (Use appropriate factor(s) from the tables provided.) 333 points Required: 1 What will be the balance in the account at the end of 10 years? 2. What is the...
9. Wilson Company acquired 10% of Rogers, Inc. on January 1, 2018 for $200,000 und appropriately accounted for the investment using the fair value method. On January , 2019 the fair value of Rogers stock was $3,000,000 in total. On January 1, 2019, Wilson also acquired an additional 30% of Rogers for $800,000 which resulted in significant influence over Rogers' operations. Roger's book value on January 1, 2019 was $2,000,000, although they owned a patent that was not recorded on...
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