Question

As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Thresent value IPv of ooh = $105000 l Pais today TWIl last paid foday = $105000 X 1 same as In cash to be paid in one year =26000 (1+0.09) t 26000 (17.09) + 26000 (17.09) 26000 (17.09) = 23853.21 + 1883.63 + 20076.77 + 18419.05 = $84 232.11 that ann

Add a comment
Know the answer?
Add Answer to:
As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance pa...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $97,000

    As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $97,000 cash paid today; $97,000 to be paid in one year, and an annuity of $30,000 to be paid each year for 3 years. What is the present value of the package assuming an interest rate of 9 percent? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s)...

  • As a result of a slowdown in operations, Tradewind Stores is offering employees who have been...

    As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $93,000 cash paid today, 593,000 to be paid in one year, and an annuity of $22,000 to be paid each year for 6 years What is the present value of the package assuming an interest rate of 10 percent? (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate...

  • As a result of a slowdown in operations, Tradewind Stores is offering employees who have been...

    As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $103,000 cash paid today; $103,000 to be paid in one year; and an annuity of $30,000 to be paid each year for 5 years. What is the present value of the package assuming an interest rate of 12 percent? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate...

  • As a result of a slowdown in operations, Tradewind Stores is offering employees who have been...

    As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $101,000 cash paid today; $101,000 to be paid in one year; and an annuity of $36,000 to be paid each year for 8 years. What is the present value of the package assuming an interest rate of 10 percent? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate...

  • As a result of a slowdown in operations, Mercantile Stores is offering to employees who have...

    As a result of a slowdown in operations, Mercantile Stores is offering to employees who have been terminated a severance package of $190,000 cash; another $190,000 to be paid in one year; and an annuity of $39,000 to be paid each year for 20 years. Use present value tables to compute the present value of the package, assuming an interest rate of 9 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity...

  • Calculate Present Value

    As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of$92,000 cash paid today; $92,000 to be paid in one year; and an annuity of $27,000 to be paid each year for 6 years.What is the present value of the package assuming an interest rate of 11 percent? (Future Value of $1, Present Value of $1, Future ValueAnnuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the...

  • Q1: As a result of a slowdown in operations, Tradewind Stores is offering employees who have...

    Q1: As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $105,000 cash paid today; $105,000 to be paid in one year; and an annuity of $34,000 to be paid each year for 3 years.    Q2: After completing a long and successful career as senior vice president for a large bank, you are preparing for retirement. After visiting the human resources office, you have found that you have several...

  • Fill in the tables Use present value tables to compute the present value of $660,000 to...

    Fill in the tables Use present value tables to compute the present value of $660,000 to be paid in 20 years, with an interest rate of 8 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided and final answer to the nearest whole dollar amount.) Table Function: Future Value: Present Value: Use present value tables to compute the present value of 20 equal...

  • Global Stores is downsizing and must let some employees go. Employees volunteering to leave are being...

    Global Stores is downsizing and must let some employees go. Employees volunteering to leave are being offered a severance package of $127,500 cash, another $138,500 to be paid in one year, and an annuity of $37,000 to be paid each year for five years with the first payment coming at the end of this year. What is the present value of the total severance package, assuming an annual interest rate of 6%

  • Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in...

    Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in cash savings of $10,000 the first year, $16,000 for the next two years, and $19,000 for the next two years. Interest is at 10%. Assume cash flows occur at the end of the year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the total...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT