Questions
A real estate partnership predicts it will pay $500 at the end of each quarter to...

A real estate partnership predicts it will pay $500 at the end of each quarter to its partners for the next two years. Assume the partners earn an 8% return compounded quarterly on their investment, how much should they pay for the investment?

1656.06

4223.98

3662.74

3235.99

In: Finance

A real estate partnership predicts it will pay $500 at the end of each quarter to...

A real estate partnership predicts it will pay $500 at the end of each quarter to its partners for the next two years. Assume the partners earn an 8% return compounded quarterly on their investment, how much should they pay for the investment?

1656.06

4223.98

3662.74

3235.99

In: Finance

Consider a bond that pays a $500 dividend once a quarter. It pays in the months...

Consider a bond that pays a $500 dividend once a quarter.

It pays in the months of March, June, September, and December.

It promises to do so for 10 years after you purchase it (start in January 2019).

You discount the future at rate r=0.005r=0.005 per month.

a. How much do you value the asset in January 2019?

b. Consider a different asset that pays a lump sum at its expiration date rather than a quarterly dividend of $500 dollars, how much would this asset need to pay in December 2028 (the final payment date of the quarterly asset) for the two assets to be equally valued?

c. How much should you be willing to pay if your friend bought the quarterly asset (from the main text) in January 2019 but wanted to sell it to you in October 2019?

In: Finance

Following is the Trial Balance of Shaheen Traders for the period of 2nd Quarter of 2019:...

Following is the Trial Balance of Shaheen Traders for the period of 2nd Quarter of 2019: Title of Accounts Debit (Rs.) Credit (Rs.) Cash 22,000 Bank 62,000 Marketable Securities 55,000 Salaries Expense 60,000 Prepaid Insurance 27,000 Accounts Payable 36,000 Capital 120,000 Service Income 180,000 Furniture 70,000 Rent Revenue 64,000 Prepaid Advertisement 15,000 Insurance Expense 9,000 Equipment 80,000 Total 400,000 400,000

Data for Adjustment:

i. Salaries accrued Rs. 12,000

ii. Insurance expired for 2nd Quarter Rs. 9,000

iii. Service Income Accrued Rs. 20,000

iv. Rent Revenue received but not yet earned Rs. 24,000

v. Depreciation on Furniture and Equipment @ 10% of Cost.

vi. Prepaid Advertisement expired Rs. 10,000

Required:

a) Prepare adjusting entries from above data

b) Prepare Worksheet from above data

c) Prepare Income Statement from above data.

d) Prepare Balance Sheet from above data.

In: Accounting

If Gayle contributes $1,100 to her RRSP at the end of every quarter for the next...

If Gayle contributes $1,100 to her RRSP at the end of every quarter for the next 12 years and then contributes $1,100 at each month’s end for the subsequent 13 years, how much will she have in her RRSP at the end of the 25 years? Assume that the RRSP earns 8.6% compounded semiannually. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  
  Gayle will have $

In: Finance

twelve deposits of $1,000 are made at the end of every quarter at an interest rate...

twelve deposits of $1,000 are made at the end of every quarter at an interest rate of 10% compounded quarterly. (case A) and another deposit of $2,000 is made every six months at an interest rate of 12% for three years. case B

A.) show the cash flow diagram for both cases
b.) what is the accumulation after 3 years for each case?
C.) what is the effective interest rate for each case?
D.) which case is better?

In: Finance

Suppose that $12,000 is placed in a bank account at the end of each quarter over...

Suppose that $12,000 is placed in a bank account at the end of each quarter over the next 15 years. What is the future worth at the end of 14 years when the interest rate is 8.75% compounded Quarterly?

A) $258,033

B) $257,840

C) $255,145

D) None of these

In: Economics

If Gayle contributes $1,900 to her RRSP at the end of every quarter for the next...

If Gayle contributes $1,900 to her RRSP at the end of every quarter for the next 11 years and then contributes $1,900 at each month’s end for the subsequent 10 years, how much will she have in her RRSP at the end of the 21 years? Assume that the RRSP earns 9.4% compounded semiannually. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  
  Gayle will have $   

please I need steps for the answer

In: Finance

Calculate the balance of the premium account at the end of Year 1 - Quarter 4...

Calculate the balance of the premium account at the end of Year 1 - Quarter 4 using the following information:

$80,000 four-year note with 12% interest. The market rate is 11%.  This note's payments are quarterly and interest also compounds quarterly.  

In: Accounting

1.) Calculate the value as a percent of sales for the quarter. Total Dollars for Current...

1.) Calculate the value as a percent of sales for the quarter.

Total Dollars for Current Q. $/Ton % of Sales

$639611 $207.19   
$482368 $156.25
$157243 $50.93
$5310 $1.72
$38588 $12.50
$517 $0.17
$8750 $2.83
$21609 $7.00
$1866 $0.60
$12500 $4.05
$54500 $17.65
$2175 $0.70
$1000 $0.32
$4670 $1.51
$151483 $49.05
$5760 $1.88
$225 $0.07
$4022 $1.30
$1963 $0.65

In: Economics