On December 31, 2023, Pharoah Corporation sold for $112000 an old machine having an original cost of $201600 and a book value of $89600. The terms of the sale were as follows: $22400 down payment. $44800 payable on December 31 each of the next two years. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. The agreement of sale made no mention of interest: however, 9% would be a fair rate for this type of transaction. What should be the amount of the notes receivable net of the unamortized discount on December 31, 2023, rounded to the nearest dollar? O $157616 $89600 $78808 $101208

A property was purchased for $3976.00 down and payments of $1249.00 at the end of every six months for 6 years. Interest is 8% per annum compounded monthly. What was the purchase price of the property? How much is the cost of financing? The purchase price of the property was $ $☐ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

The following proforma shows unleveraged cash flows for a property if an investor were to purchase it today and resell it at the end of the third year: (Show answer in Excel) What is the present value of the each of the discounted cash flows from Year 1, Year 2, and Year 3, using a discount rate of 8.75% (hint: calculate each on separately)? What is the Net Present Value of this investment?

On July 1, 2020, FDN Company purchased an equipment for P47,100,000. After 5 years of its estimated useful life, it can be sold for P100,000. How much is the carrying amount of the equipment as of December 31, 2021?

Hi, I need help inputting the two remaining values in the blank cells. Thank you.

In 2018 an asset was purchased for $2,000,000. The asset qualified for Initial Allowance. The Initial Allowance (I.A) Rate was 20%. Annual Allowance (A.A) Rate was 10%. The asset was sold in 2020 for $1,000,000. Capital allowance is on the reducing balance basis. The balancing adjustment is: a.A Balancing Charge of $260,000 b.A Balancing Allowance of $134,000 c. ABalancing Allowance of $260,000 d. A Balancing charge of $200,000

An art collector purchased a painting 30yrs ago for $587,000. Today this painting is estimated to be $11.74 million. Based on this estimate, what is the annual compound rate of appreciation for the painting since the art collector's initial purchase?

Determine what the interest rate would have been if a financial asset valued at $156,500 amounted to a total value of $199,800 after 2 years.

Need help for questions B & C

Current Attempt in Progress On December 31, 2025, Novak Company acquired a computer from Plato Corporation by issuing a $576,000.00 zero-interest-bearing note, payable in full on December 31, 2029. Novak Company's credit rating permits it to borrow funds from its several lines of credit at 12%. The computer is expected to have a 5-year life and a $77,000 salvage value. Click here to view factor tables. (a) Your answer is partially correct. Prepare the journal entry for the purchase on December 31, 2025. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 2 decimal places, e.g. 58,971.23. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date December 31, 2025 Account Titles and Explanation Equipment Discount on Notes Payable Notes Payable Debit…