Answer:
24 years
Explanation:
Nper = 15.142
PMT = 0
PV = 1
FV = 2
Type = 0
Rate = Rate(Nper, pmt, -pv, fv, type)
Rate = Rate(15.142, 0, -1, 2, 0)
Rate = 4.68%
Rate = 4.68%
PMT = 0
PV = 1
FV = 3
Type = 0
NPER = NPER(rate, pmt, -pc, fv, type)
NPER = NPER(0.04684, 0, -1, 3, 0)
NPER = 24 years
Answer:
$80,800
Explanation:
Calculation to determine the annual cash inflow have to be to make the investment in the equipment financially attractive
Using this formula
Annual cash flows = Negative net present value to be offset ÷ Present value factor
Let plug in the formula
Annual cash flows = $401,414 ÷ 4.968
Annual cash flows = $80,800
Therefore the annual cash inflow have to be to make the investment in the equipment financially attractive is $80,800
Answer:
Financial statement effects template is attached in MS Excel file format with this answer to record these two transactions. Please find it
Explanation:
Journal Entries to record the transactions
January 1
Dr. Cash (6000 x 150) $1,500,000
Cr. Preferred Stock (6000 x 100) $600,000
Cr. Additional paid-in-capital Preferred Stock $900,000 (Balance)
March 1
Dr. *Treasury Stock $636,000
Cr. Cash $636,000
Working:
*Share repurchase = $106 x 6000 = $636,000
Cash received from issuance of preferred shares, so added in the cash assets and paid against repurchase of stock, so subtracted from the cash assets. Treasury stock is the repurchase its own issued stock and it is a contra equity account which has debit balance so its value is deducted from total equity value. Preferred stock is added to the contributed capital.
He should turn to the patient, and speak loudly, that way the patient can hear him clearly. Then at the end ask if Dan has any questions, and to repeat what his manager told him
If the annuitant dies during the annuity or payout phase, the remaining value in the account will be added to the deceased annuitant's estate for valuation.
Explanation:
When you leave the death benefit to a non-contractor, the balance is included in your total property value. It may not pass the proof process because it is left to a beneficiary, but that does not imply that the value of the rent does not form part of your property assessment for tax purposes.
Custom arrangements are being formed with insurance companies to show if the money is being disposed of, and if so, who can take it inherited. These contracts generally include provisions on death benefits that enable the owner to identify the beneficiary, either for the larger amount of money remaining on the account or for a minimum required.
