{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

oct7 - 4 $84,200 5 $7,900 E7-5 a-1 3-Jun Accounts...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Michael McCormick ACG 3103 P6-7 a. the annuity returns 9.03% the single sum returns 10.50% the single sum of $1.9 million is the better investment.   b. 18.40% c. $341,928  d. $7,336  P6-8 The net present value of maintenance is $14144 a. PV $150000 b. PV $144136 c. PV $139144 I would buy from vendor C P6-13 $36,542  P7-2 1 Bad Debt Expense 22500      Allowance for Doubtful Accounts 22500 2 $1,570,000  3 $58,000  4 $1,034,000  5 $12,300  E7-2 1 $925,000  2 $584,650  3 $590,000 
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 4 $84,200 5 $7,900 E7-5 a-1 3-Jun Accounts Receivables 3000 Sales 3000 12-Jun Cash 2040 Sales Discount 60 Accounts Receivables 3000 a-2 3-Jun Accounts Receivables 2040 Sales 2040 12-Jun Cash 2040 Accounts Receivables 2040 b 3-Jun Accounts Receivables 2040 Sales 2040 29-Jul cash 3000 sales discounts forrfeited 60 accounts receivabel 2040 Michael McCormick ACG 3103...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern