To: Dr. Ata Assaf
In my assignment, I chose 5 companies related to beauty products industry: Avon,
Revlon, Johnson and Johnson, Estee lauder & Tupperware brands. And I took S&P 500 as a
market index. All data were obtained from Yahoo finance and downloade
To: Dr. Ata Assaf
In my assignment, I chose 5 companies related to beauty products industry: Avon,
Revlon, Johnson and Johnson, Estee lauder & Tupperware brands. And I took S&P 500 as a
market index. All data were obtained from Yahoo finance and downloade
To: Dr. Ata Assaf
In my assignment, I chose 5 companies related to beauty products industry: Avon,
Revlon, Johnson and Johnson, Estee lauder & Tupperware brands. And I took S&P 500 as a
market index. All data were obtained from Yahoo finance and downloade
To: Dr. Ata Assaf
In our assignment, we chose 5 companies related to beauty products industry: Avon,
Revlon, Johnson and Johnson, Estee lauder & Tupperware brands. And we took S&P 500 as a
market index. All data were obtained from Yahoo finance and downlo
Q1:
Sum of
Sum of
Sum of
Sum of
Sum of
X1
X2
X3
X4
X5
1205.2
-1064
-561
9734.4
114.9
12000
10000
8000
Sum of X1
Sum of X2
Sum of X3
Sum of X4
Sum of X5
6000
4000
2000
0
-2000
Total
Q2:
Q3:
One-Sample Statistics
N
X4
Mean
67
Std. Deviation
145.290
184.2679
1
00:00:07,417 -> 00:00:09,484
<i>That's it. Get
it right to the top.</i>
2
00:00:09,586 -> 00:00:12,387
<i>Steady. Steady.</i>
3
00:00:47,191 -> 00:00:48,356
Up she goes.
4
00:00:48,458 -> 00:00:51,092
Hey, come on.
Put your back into it, huh?
5
00:00:52
Chapter 14 - Bonds and Long-Term Notes
Exercise 14-16
Requirement 1
The error caused both 2009 net income and 2010 net income to be overstated, so
retained earnings is overstated by a total of $85,000. Also, the note payable would be
understated by the sa
Chapter 14 - Bonds and Long-Term Notes
Exercise 14-8
1. January 1, 2011
Interest
$7,500,000
x 13.76483 *
Principal $150,000,000 x 0.17411
Present value (price) of the bonds
*
*
*
=
$103,236,225
=
26,116,500
$129,352,725
5% x $150,000,000
present value of
Chapter 14 - Bonds and Long-Term Notes
Problem 14-7
Requirement 1
Interest
$16,000,000
x
17.15909 *
Principal $400,000,000
x
0.14205
Present value (price) of the bonds
*
*
*
=
$274,545,440
=
56,820,000
$331,365,440
4% x $400,000,000
present value of an or
Team 5
WorldCom Assignment
1-What was WorldCom?
WorldCom was the second largest long distance phone company offering long distance services
at a discount in the United States. The company was created in 1983 by Murray Waldron and
William Rector and was na
Problem 6-1
Choose the option with the lowest present value of cash outflows, net of the
present value of any cash inflows (Cash outflows are shown as negative amounts;
cash inflows as positive amounts).
Machine A:
PV = $48,000 1,000 (6.71008) + 5,000 (.4
Chapter 06 - Time Value of Money Concepts
Problem 6-15
Bond liability:
PV = $4,000,0001 (18.40158) + 100,000,000 (.17193)
PV = $73,606,320 + 17,193,000 = $90,799,320 = initial bond liability
1
$100,000,000 x 4 % = $4,000,000
Present value of an ordinary a
Chapter 06 - Time Value of Money Concepts
Problem 6-13
Choose the option with the lowest present value of cash outflows, net of the
present value of any cash inflows. (Cash outflows are shown as negative amounts;
cash inflows as positive amounts)
1. Buy o
Chapter 06 - Time Value of Money Concepts
Problem 6-6
1.
PV of $1 factor = $30,000 = .5000
$60,000
Present value of $1: n=? , i=8% (from Table 2, n = approximately 9 years)
2.
Annuity factor =
Annuity factor = $28,700 = 4.1000
$7,000
Present value of an o
Acct 401
Chapter 11 Homework
MC 11.31-11.51
E 11.52, E 11.55, E 11.61, E 11.62
31. A
51. A
32. C
33. B
34. D
35. A
36. C
37. A
38. D
39. D
40. B
41. D
42. C
43. A
44. C
45. D
46. A
47. B
48. B
49. A
50. B
E 11.52
a) Auditors are required to obtain a writt
Acct 401
Chapter 4 Homework
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
D
A
C
B
A
C
C
B
A
B
D
MC 4.20 4.45, E.53, ANSWERS
31. D
42. C
32. C
43. B
33. A
44. C
34. D
45. B
35. D
36. B
37. C
38. A
39. C
40. C
41. D
E.53
After I have performed the preliminary
Exercise 14-3
1. Price of the bonds at January 1, 2011
x
11.46992 *
Principal
$80,000,000
x
Present value (price) of the bonds
*
Interest
*
*
$4,000,000
0.31180
=
$45,879,680
=
24,944,000
$70,823,680
5% x $80,000,000
present value of an ordinary annuity o
Exercise 14-10
1. Price of the bonds at January 1, 2011
Interest
$22,500
x
6.46321 *
Principal
$500,000 x 0.67684
Present value (price) of the bonds
*
*
*
=
$145,422
=
338,420
$483,842
4.5% x $500,000
present value of an ordinary annuity of $1: n=8, i=5%
Chapter 06 - Time Value of Money Concepts
Exercise 6-18
Requirement 1
To determine the price of the bonds, we calculate the present value of the 30period annuity (30 semiannual interest payments of $6 million) and the lump-sum
payment of $200 million paid
Chapter 06 - Time Value of Money Concepts
Exercise 6-8
1.
PVA
= $5,000 (3.60478)
= $18,024
Present value of an ordinary annuity of $1: n=5, i=12% (from Table 4)
2.
PVAD = $5,000 (4.03735)
= $20,187
Present value of an annuity due of $1: n=5, i=12% (from T
Student Name:
_
University of Baltimore
ACCT 302 & 511
Exam 1
September 26, 2012
21. Listed below are ten terms followed by a list of phrases that describe or characterize the
terms. Match each phrase with the correct term by placing the letter designatin
Chapter 06 - Time Value of Money Concepts
Chapter 6
Time Value of Money Concepts
QUESTIONS FOR REVIEW OF KEY TOPICS
Question 6-1
Interest is the amount of money paid or received in excess of the amount borrowed or lent.
Question 6-2
Compound interest incl
Chapter 06 - Time Value of Money Concepts
Chapter 6
Time Value of Money Concepts
QUESTIONS FOR REVIEW OF KEY TOPICS
Question 6-1
Interest is the amount of money paid or received in excess of the amount borrowed or lent.
Question 6-2
Compound interest incl