Volha Lohinava 1
April 14, 2015
Time Value of Money
Sarah, I know that Time Value of Money, especially present value, can be quit
On December 1, 2013, Delta acquired a new delivery truck in
exchange for an old delivery truck that it had acquired in 2011. The
old truck was purchased for $18,000 and had a book value of $6,200.
On the date of the exchange, the old truck had a market va
READY FOR THE UNIFORM
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In no particular order.
Time value of money
o PV, FV, Annuities
o Net present value of a series of cash flows of different amounts
o Application of TVM
Calculation of leased asset / obligation
Calculation of payment
Used in Business and
Lower of C or M
1. Accounting Equation:
Assets = Liabilities + (Stockholders Equity) Owners Equity
2. T Account:
STATEMENT OF CASH FLOWS
A summary of the cash receipts and cash payments of a business
entity for a specific period of time, such as a month or a y