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Ksivusya [100]
3 years ago
12

Sunland Company makes an investment today (January 1, 2020). They will receive $77000 every December 31st for the next six years

(2020 – 2025). If Sunland wants to earn 9% on the investment, what is the most they should invest on January 1, 2020?
Business
1 answer:
ELEN [110]3 years ago
6 0

Answer:

see explanation

Explanation:

The most they should invest on January 1, 2020 is called the Present value Amount. Thus calculate the Present Value.

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Marysya12 [62]

Answer:

98765678

Explanation:

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8 0
3 years ago
Read 2 more answers
What is the current value of a future sum of money called?
Mashcka [7]
It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!
4 0
3 years ago
the common sotkc of Ubees is currently sold at $26.35 per share, and it just a divident of $1.00 last year. The flotation costs
White raven [17]

Answer:

11.06%

Explanation:

Cost of equity = (D1/Current price) + Growth rate

Cost of equity = [(1.00*1.07)/26.35] + 0.07

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Cost of equity = 0.11061

Cost of equity = 11.06%

So, Ubees's cost of internal common equity is 11.06%.

7 0
3 years ago
The assets of a company total $738,000; the liabilities, $219,000. what are the net assets?
ziro4ka [17]
739,000 - 219,000 = 520,000

The net assets are assets minus liabilities, so it is $520,000 in this case.
4 0
3 years ago
Sheffield Corp. sold $120000 of goods and accepted the customer's $120000 8%, 1-year note receivable in exchange. Assuming 8% ap
svetlana [45]

Answer:

The journal entry to record the sale :

Debit : Note Receivable $120000

Credit : Sales Revenue $120000

Explanation:

The journal entry to record the sale includes a Debit entry of a Note Receivable at the amount owed by the customer since there was no immediate payment of cash and a Credit entry of Sales Revenue to recognize Income earned.

8 0
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