Please help fill out the attached excel example to answer instructions of problem 13-13! Instead of just whoing the correct answers, can you please include the formula you used to get the answers so I can learn how to do the work! Thank you!
Q: Imagine you are the project manager at an investment firm and given the task of preparing a report…
A: (Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…
Q: 6. A machine costs $30 000 to purchase and $12 000 per year to operate. The machine has a 10-year…
A: Solution Equivalent annual worth method is used to determine the equivalent annual cost that is…
Q: ote a price for a custom-designed doughnut machine to be delivered by the end of 2018. Once it is…
A: The minimum return on investment expected by the company is known as the required rate of return. It…
Q: Q1. Aling Azon bought 3 sets of air conditioning unit for her three bedrooms. She agreed to pay…
A: Down payment (D) = Php 5000 Monthly installment (M) = Php 3000 n = 1 year = 12 months r = 8% per…
Q: Please answer as thoroughly as possible. This is a huge refresher for me and I will use your…
A: In this question, we have to calculate the different ratios which are a liability to Equity ratio,…
Q: 2.3-2.4 (Excel): You have been offered a unique investment opportunity. If you invest $1 million at…
A: Net present value of investment is the difference between present value of inflows and outflows.…
Q: I need to see the work on this for it to make sense to me, can you show your work please? (The…
A: Monthly Payment = $900 Interest rate = 6% Loan term = 30 years Compounding time = 12 (12 times in a…
Q: A project manager does not understand the meaning of a term used by a team member in a technical…
A: comment feature: it is the feature which allow the user to write anything about the subject without…
Q: Analyze the change control process for the retail project's software configuration management. Your…
A: Any Development Project that retails merchandise, generally without transformation, and renders…
Q: I need the show your work version not excel answer. Please show your work. Thank you
A: Future value of a present amount With present value (PV), interest rate (r) and period (n), the…
Q: Students are required to provide a piece of writing (with a word limit of 400) on how the MYOB…
A: Computerized accounting includes using the computers and accounting software for recording, storing…
Q: Creative thinking is the ability to look at things differently, and find new ways of solving…
A: creative thinking means applying the intelligence and solving the problems and development of the…
Q: please display your formula used in your work
A: Monthly payment refers to the payment amount for the loan grounded on the constant payments as well…
Q: Depending on the way your practice works, you may need to give team members different access levels…
A: The three levels of access that can be granted to Team users of QuickBooks Online Accountant are…
Q: See below. I just need help with the red box with the 20,000 answer in it. It came back as…
A: As you have asked for help on the red box only so I'm explaining on that only. Please see Step 2 for…
Q: What is the IRR of the project?
A: IRR for an investment proposal is the discount rate that equates the present value of the expected…
Q: Q3. Ricardo plans to own a 1 hectare lot after 10 years for an estimated cost of P5M. To accumulate…
A: Time value of money: The time value of money is the idea that the value of money received today will…
Q: 4.A corporation is considering purchasing a machine that will save $210,000 per year before taxes.…
A: Net present value is the sum of all present values of cash inflows minus present value of cash…
Q: Consider the following dialogue between a systems professional, Joe Pugh, and a manager of a…
A: System Analysis Phase: System analysis is a course of action to gather the information related to…
Q: A well-reputed educational Institute has hired you as a project manager for development of their…
A: In project management cost estimation is the process of forecasting the financial and other…
Q: Identify the Given and the Unknown or what is being asked in the problem (b)Provide the formula to…
A: Deposits which are made by the depositor into the bank will earn an income on it which is known as…
Q: You will be given below some actual results to plug into the scorecard. You need to show…
A: Given: The values are given as, Financial (Return on Capital) - 18% Customer (Product Returns) = 805…
Q: 4. Thomas deposited 300,000Php now, so that his 3 year old daughter will receive 6 equal amounts…
A: The question is based on the concept of Annuities and Future Value in Financial Management.
Q: Match the two lists, below, by placing the capital letter from List 1 in each of the cells preceding…
A: Control Environment A control environment is made up of the standards, policies, procedures, and…
Q: 1. A Machine costs P80,000 and an estimated life of 10 years after 5 years using the following…
A: Answer to (A) Calculation of book value of asset after 5 years using straight line method: Original…
Q: e do IGNORE this if you already answered this problem, tutor) The requiremen
A: Note : As per the guidelines, only first three parts will be answered. Kindly post the remaining…
Q: 1. A Machine costs P80,000 and an estimated life of 10 years with a salvage value of P5,000. What is…
A: Business organizations are required to charge the depreciation expense on their assets so as the…
Q: What is the equations you use for the questions below to solve in excel?
A: The Gordon growth model: The Gordon Growth model recognizes that the dividends constitute income or…
Q: Below you will see three sets of inputs. After inputting all of your formulas, you should be able…
A: Cash budget refers to an estimation of cash inflows and outflows in a business over a specified…
Q: Please also do parts 4 and 5 while showing work so that way I can understand better. Thank you.
A: Solution 4: No, we would not recommend closing the North Store as there is net financial…
Q: Q3. IEdeas signed a contract to lease a building at P60,000 a year with an annual increase of P1,000…
A: Starting lease payment is P60,000 Annual increase in lease payment is P1,000 Worth of money is 8%…
Q: Can someone set up an excel sheet using the following data and show me the formula side, so I know…
A: Net Present value is sum of present value of cash flows. Present value of cash flow = Cash…
Q: spreadsheet solution
A: In business, strategic coming up with is important and needs valid info so as to form key choices.…
Q: Brew Bottle Company (BBC) is in the process of planning a more advanced computer-based information…
A: COSO Framework: Committee of sponsoring organization (COSO) was formed to achieve the objectives…
Q: (show manual working if possible, for me to understand. thank you.)
A: Here we will use the provided information to compute the cost of each component of capital. Once the…
Q: Q8: What is the value of a perpetuity of P100 per year if the discount rate is 5% and the cash flows…
A: The perpetuity value = $100 per year Discounting Rate = 5% First Perpetuity receivable: after 2…
Q: 2.You are considering an investment costing $300,000. If you want to recover the initial investment,…
A: Present Value of Ordinary Annuity refers to the concept which dictates the discounted value of a sum…
Q: Amy Pond, a fellow employee, wants to understand the basic steps in the recording process. Identify…
A: Recording process is a part of accounting process. In accounting all the transactions are identified…
Q: Imagine you are the project manager at an investment firm and given the task of preparing a report…
A: Note: Hi! Thank you for the question, As per the honor code, we are allowed to answer three…
Q: After finishing a project, how do you change the status of that project in QuickBooks Online…
A: After finishing a project, how do you change the status of that project in QuickBooks Online…
Q: are documents that help users learn their jobs and perform I consistently in those jobs.
A: Job descriptions define a person's role and accountability for his position in the company. It…
Q: Q2. Maria loaned an amount of 100,000Php payable in 15 equal quarterly instalments. The first…
A: The correct answer for the above mentioned is given in the following steps for you reference.
Q: Check your worksheet by changing the beginning work in process inventory to 100 units, the units…
A: Solution: Introduction: Process Costing is a determination of cost for each process. It is mainly…
Q: Please help on parts 4 and 5. Please also show work on how to do.
A: Solution 4: No, we would not recommend closing the North Store as there is net financial…
Q: PLease how to obtain YTM without excel and mathematical calculator. i really need to know how to…
A: Formula for YTM: YTM =C+(FV - PV)n(FV+PV)2 Where C= Coupon payment FV= Face value of security PV=…
Q: step by step
A: Honor code: Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: I uploaded two pictures of the entire excel spreadsheet that I am trying to figure out. All the…
A:
Please help fill out the attached excel example to answer instructions of problem 13-13! Instead of just whoing the correct answers, can you please include the formula you used to get the answers so I can learn how to do the work! Thank you!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 4 images
- LONG-TERM FINANCING NEEDED At year-end 2019, total assets for Arrington Inc. were 1.8 million and accounts payable were 450,000. Sales, which in 2019 were 3.0 million, are expected to increase by 25% in 2020. Total assets and accounts payable are proportional to sales, and that relationship will be maintained; that is, they will grow at the same rate as sales. Arrington typically uses no current liabilities other than accounts payable. Common stock amounted to 500,000 in 2019, and retained earnings were 475,000. Arrington plans to sell new common stock in the amount of 130,000. The firms profit margin on sates is 5%; 35% of earnings will be retained. a. What were Arringtons total liabilities in 2019? b. How much new long-term debt financing will be needed in 2020? (Hint: AFN - New stock = New long-term debt.)Investment in Trading and AFS Securities A company purchases debt securities for $100,000 at the beginning of 2022. It classifies as trading securities and $60,000 as AFS securities. It sells the securities in 2023. Required For each of the following scenarios, indicate the net effect on income and other comprehensive income in each year 2022 and 2023. In each case, any unrealized decline in value below cost is expected to be recovered and is attributed to market factors. a. Fair value, end of 2022 Selling price, 2023 Note: Use a negative sign with an answer to indicate the net effect amount decreases Income or OCI. Income OCI 5,000 ✓ (1,000) * End of 2022 $ 2023 b. Trading securities AFS securities $38,000 $65,000 43,000 64,000 Fair value, end of 2022 Selling price, 2023 (2,000)✓ $ 5,000 x End of 2022 $ 2023 Trading securities AFS securities $45,000 $56,000 42,000 68,000 Note: Use a negative sign with an answer to indicate the net effect amount decreases Income or OCI. OCI (4,000)✓ 0…Bond Investment Premium Amortization Schedule Mercer Corporation acquired $400,000 of Park Company’s bonds on June 30, 2019, for $409,991.12. The bonds carry a 12% stated interest rate and pay interest semi-annually on June 30 and December 31. The appropriate market interest rate is 11%, and the bonds are due June 30, 2022. Required: 1. Prepare an investment interest income and premium amortization schedule, using the: a. straight-line method b. effective interest method 2. Prepare journal entries to record the December 31, 2019, and December 31, 2021, interest receipts using both methods.
- Required information [The following information applies to the questions displayed below] On January 1, 2021, Wild Rapids Water Park issues $40.0 million of 8% bonds to finance expansion. The bonds are due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 3-0. If the market rate is 9%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Bond Characteristics Amount Face amount 40,000,000 Interest payment Periods to maturity Market interest rate Issue price 3-b. The bonds will issue at OA Discount OA Premium O Face amount %24Long-Term Financing Needed At year-end 2019, Wallace Landscaping's total assets were $2.20 million, and its accounts payable were $505,000. Sales, which in 2019 were $3.0 million, are expected to increase by 10% in 2020. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than accounts payable. Common stock amounted to $415,000 in 2019, and retained earnings were $305,000. Wallace has arranged to sell $70,000 of new common stock in 2020 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2020. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its net profit margin on sales is 3%, and 50% of earnings will be paid out as dividends. a. What was Wallace's total long-term debt in 2019? Do not round intermediate calculations. Enter your answer in…Required information [The following information applies to the questions displayed below.] On January 1, 2021, Wild Rapids Water Park issues $40.9 million of 8% bonds to finance expansion. The bonds are due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 2-a. If the market rate is 8%, calculate the issue price. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Bond Characteristics Amount Face amount Interest payment $ 40,900,000 Periods to maturity Market interest rate Issue price 2-b. The bonds will issue at O A Discount OA Premium O Face amount
- Long-Term Financing Needed At year-end 2019, Wallace Landscaping’s total assets were $1.59 million, and its accounts payable were $380,000. Sales, which in 2019 were $2.5 million, are expected to increase by 20% in 2020. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than accounts payable. Common stock amounted to $570,000 in 2019, and retained earnings were $350,000. Wallace has arranged to sell $180,000 of new common stock in 2020 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2020. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its net profit margin on sales is 3%, and 60% of earnings will be paid out as dividends. What was Wallace's total long-term debt in 2019? Do not round intermediate calculations. Enter your answer in…At January 1, 2021, Brant Cargo acquired equipment by issuing a five-year, $150,000 (payable at maturity), 4% note. The market rate of interest for notes of similar risk is 10%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required:1. to 3. Prepare the necessary journal entries for Brant Cargo 1. Record the purchase of equipment. January 01, 2021 2. Record the interest expense. December 31, 2021 3. Record the interest expense. December 31, 2022Show the solution in good accounting form. On January 1, 2020, HIBISCUS Company purchased 4,000 of P1,000 face value, 10% bonds of IXORA Company for 24,270,600. The bonds will mature on January 1, 2025 and pay interest semi-annually on January 1 and July 1. Bonds effective interest rate is 8%. HIBISCUS has a business model of collecting all the contractural cash flows related to the instrument. How much should HIBISCUS report as interest income on the bonds in the year 2020?
- Problem 1 On January 1, 2020. Shrek Company purchased as a long-term investment P5,000,000 face value of Dunk Company's 8% bonds for P4,562,000. The bonds were purchased to yield 10% interest annually on December 31. The bonds mature on January 1, 2025. Shrek uses the effective interest method. What is the carrying amount of the investment (rounded to nearest P100) on December 31, 2021? a. 4,680,000 b. 4,662,000 C 4,618,000 d. 4,562,000 Problem 2-3 On January 1, 2016, Whistledown Company purchased 5-year bonds with face value of P8,000,000 and stated interest of 10% per year payable semiannually January 1 and July 1. The bonds were acquired to yield 8%. Present value of an annuity of 1 for 10 periods at 5% 7.72 Present value of an annuity of 1 for 10 periods at 4% Present value of 1 for 10 periods at 4% 8.11 0.6756 1. What is the purchase price of the bonds? a. 7,382,400 b. 8,617,600 C. 8,648,800 d. 7,351,200 2. What is the carrying amount of the bond investment on December 31, 2016?…On January 1, 2021, PHILIPPINE COMPANY acquired 5-year, 15%, $8,000,000 H-bonds. The investments were acquired at aprice to yield 14%. Interest is payable annually on December 31 starting December 31, 2021. PHILIPPINES' business model isto hold the financial assets to collect contractual cash flows. QUESTION:a. Determine the initial measurement of H-bonds on January 1, 2021.b. Prepare a schedule of amortization using the effective interest method. Use the following columns:DateInterestCollectionInterestIncomeAmortizationPresent Valuec. Prepare all journal entries for 2021 and 2022 applicable to this transaction.INVESTMENT AT AMORTIZED COST CASE III: On January 1, 2026, ABC purchased 9% bonds with a face amount of P4M to yield 10%. The bonds are dated January 1, 2026, 2024, mature on December 31, 2035 and pay interest annually on December 31. The entity used the interest method. What should be reported as interest revenue for 2026?