eal pays interest at the end of each year. On January 1, 2029, Teal Company pays $2,220,000 in ca term modification? If yes, compute the gain for Teal Company. mpany S

JPX's decides to value a property based on its expected net after-tax monthly cash flow of $7,400, as if it were a perpetuity.  Assuming the next cash flow is received one-month from today, what is the property value given a discount rate of 11.52% APR, compounded monthly?    A) 770808 B) 770833 C) 770865 D) 770912

What is the revenue earned from award credits for 2022? *see attached a. P 0b. P 28,000c. P 36,000d. P 116,000

. Minimum amortization of the actuarial loss?

Pina Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Pina should pay $19,650 at the time of purchase and $5,220 at the end of each of the next 8 years. The tractor should be recorded on December 31, 2020, at what amount, assuming an appropriate interest rate of 12%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Cost of tractor to be recorded $

Allen Incorporated took out a one-year, 8%, $100,000 loan on March 31, 2024. Interest is due upon maturity of the loan. What adjusting entry, if any, should Alle Incorporated record on December 31, 2024?

The Strug Company purchased office furniture and equipment for $8,600 and agreed to pay for the purchase by making five annual installment payments beginning one year from today. The installment payments include interest at 8%. What is the required annual installment payment? Note: Use tables, Excel, or a financial calculator (EV of $1. PV of $1, EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) Multiple Choice $1,994 $1720 $1,466 $2.154

At the end of 2022, the following information is available for Great Adventures.   Additional interest for five months needs to be accrued on the $32,200, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Assume that $12,200 of the $32,200 loan discussed above is due next year. By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,200 during the year and recorded those as Deferred Revenue. Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,200. For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,200.   No Date General Journal Debit Credit 1 Dec 31 Interest Expense 805       Interest Payable   805…

Kingbird Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Kingbird should pay $21,960 at the time of purchase and $5,430 at the end of each of the next 8 years. The tractor should be recorded on December 31, 2020, at what amount, assuming an appropriate interest rate of 12%?   I got -612501.1859 but it is incorrect

On January 1 of this year, Shannon Company completed the following transactions (assume a 9% annual interest rate): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)   Bought a delivery truck and agreed to pay $61,900 at the end of three years. Rented an office building and was given the option of paying $11,900 at the end of each of the next three years or paying $34,000 immediately. Established a savings account by depositing a single amount that will increase to $93,800 at the end of seven years. Decided to deposit a single sum in the bank that will provide 9 equal annual year-end payments of $41,900 to a retired employee (payments starting December 31 of this year).   Required: a. What is the cost of the truck that should be recorded at the time of purchase? (Round your answer to nearest whole dollar.)           b. Which option for the office building results in the lowest present value?   multiple choice Pay in three…