Business, 15.07.2019 22:50 adot1

For your job as the business reporter for a local newspaper, you are given the task of putting together a series of articles that explains the power of the time value of money to your readers. your editor would like you to address several specific questions in addition to demonstrating for the readership the use of the time value of money techniques by applying them to several problems. what should be your response to the following memorandum from your editor? to: business reporterfrom: perry while, editor, daily planetre: upcoming series on the importance and power of the time value of moneyin your upcoming series on the time value of money, i would like to make sure you cover specific points. in addition, before you begin this assignment, i want to make sure we are all reading from the same script, because accuracy has always been the cornerstone of the daily planet. in this regard, i would like responses to the following questions before we proceed: a. what is the relationship between discounting and compounding? b. what is the relationship between the present-value factor and the annuity present-value factor? c. (1) what will $5,000 invested for 10 years at 8% compounded annually grow to? (2) how many years will it take $400 to grow to $1,671, if it is invested at 10% compounded annually? (3). at what rate would $1,000 have to be invested to grow to $4,046 in ten years? d. calculate the future sum of $1,000, given that it will be held in the bank for 5 years and earn 10 percent compounded semiannually. e. what is an annuity due? how does it differ from an ordinary annuity? f. what is the present value of an ordinary annuity of $1,000 per year for 7 years discounted back to the present at 10%. what would be the present value if it were an annuity due? g. what is the future value of an ordinary annuity of $1,000 per year for 7 years, compounded at 10%? what would be the future value if it were an annuity due? h. you have just borrowed $100,000, and you agree to pay it back over the next 25 years in 25 equal end-of-year payments plus 10 percent compound interest on the unpaid balance. what will be the size of these payments? i. what is the present value of a $1,000 perpetuity discounted back to the present at 8%j. what is the present value of a $1,000 annuity for 10 years with the first payment occurring at the end of year 10 (that is, ten $1,000 payments occurring at the end of year 10 through year 19) given a discount rate of 10%

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Business, 21.06.2019 21:00

The county collector of suncoast county is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. to reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school district, and the other towns. the total amount deducted is added to the collections for the county and remitted to the suncoast county general fund.the following events occurred in 2017: 1. current-year tax levies to be collected by the agency were: county general fund $ 10,333,000 town of bayshore general fund 4,840,000 suncoast county consolidated school district 6,550,000 other towns 3,120,000 total $ 24,843,000 2. $13,700,000 of current taxes was collected during the first half of 2017.3. liabilities to all funds and governments as a result of the first half-year collections were recorded. (a schedule of amounts collected for each participant, showing the amount withheld for the county general fund and net amounts due the participants, is recommended for determining amounts to be recorded for this transaction.)4. all cash in the tax agency fund was distributed.requireda. prepare journal entries for each of the foregoing transactions that affected the tax agency fund. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1. record the current-year tax levies to be collected by the agency.2.record the current taxes collected during the first half of 2017.3.record the liabilities due to all funds and governments at the end of first half-year.4. record the distribution of all cash in the tax agency fundb. prepare journal entries for each of the foregoing entries that affected the town of bayshore general fund. begin with the tax levy entry, assuming 2 percent of the gross levy will be uncollectible. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1.record the revenues receivable and uncollectible.2. record the taxes collected

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Business, 22.06.2019 08:00

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Business, 22.06.2019 12:20

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

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Business, 22.06.2019 16:30

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