108.Taylor's tractor-trailer rigs sell for $150,000. A customer wishes to buy a rig on a lease purchase
plan over seven years, with the first payment to be made at the inception of the lease. Interest
Ryan Carr
Case: Sharp Printing, AG
If I was Lauren and was in charge of this project I would weigh the some of the
options I was given by the stakeholders. If any of the options would help the project
Ryan Carr
Chapter 13 Case
Project Name: Scanner Project
Prepared By: Ryan Carr
Project Status Report:
H 1.1
H 1.2
H 1.3
H 1.4
H 1.5
H 1.6
H 1.7
Complete
Complete
In Process
In Process
Not Started
Comp
Ryan Carr
Ch 7 Case Silver Fiddle Construction
1. Risks associated with the project.
-Contractors will not have enough time to juggle all projects and meet all
deadlines
- The prices of supplies go up
Ryan Carr
Project Management
Professor Schordock
9/13/2012
1.
2.
3.
4.
5.
Chapter 3 Review Questions
Functional Advantages- there is no change meaning the projects are completed
within the basic funct
24.
Shelley wants to cash in her winning lottery ticket. She can either receive ten $100,000
semiannual payments starting today, or she can receive a lump-sum payment now based on a
6% annual interes
121. isted below are columns of time value of money tables for the 9% rate, followed by labels for five
L
of the columns. Match the columns with their appropriate labels by placing the letter designat
117.Prepare a time diagram for the future value of an ordinary annuity with three payments of $300.
Be sure to indicate the periods in which interest is added.
118.Prepare a time diagram for the futur
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 06-02 Compute the future value of a single amount.
Topic: Compute the FV of a single amount
4.
The company's credit-adjusted risk-free rate of i
114.Explain how you would compute the imputed interest on cash borrowed at 0% interest when the
market rate of interest is 8%.
115.Two banks each have annual CD rates of 12%. Bank A compounds quarterl
Topic: Explain the difference between an ordinary annuity and an annuity due
7.
In the future value of an ordinary annuity, the last cash payment will not earn any interest.
TRUE
AACSB: Reflective Thi
119.Briefly explain how you would arrive at the monthly payment for a 48-month loan where the first
payment is due one month from the loan date. In your explanation, include the use of present and
fut
105.GHI Company will issue $2,000,000 in 8%, 10-year bonds when the market rate of interest is 6%.
Interest is paid semiannually.
Required:
Determine how much cash GHI Company should realize from the
111.On September 30, 2013, Truckee Garbage leased equipment from a supplier and agreed to pay
$125,000 annually for 15 years beginning September 30, 2014. Generally accepted accounting
principles requ
110.King Corporation has a defined benefit pension plan. One of its employees has vested benefits
under the plan, which will pay him $40,000 annually for life starting with the first payment of
$40,00
112.On June 30, 2013, Gunderson Electronics issued 8% stated rate bonds with a face amount of
$300 million. The bonds mature on June 30, 2033 (20 years). The market rate of interest for
similar bond i
109.Titan Corporation has a defined benefit pension plan. One of its employees has vested benefits
under the plan, which will pay her $30,000 annually for life starting with the first $30,000 payment
107.MBI Company's largest computer has a cash selling price of $200,000. A customer wishes to buy
the computer on a lease purchase plan over five years, with the first payment to be made at the
incept
13.
A deferred annuity is one in which interest charges are deferred for a stated time period.
FALSE
AACSB: Reflective Thinking
AICPA BB: Critical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learnin
10.
An annuity is a series of equal periodic payments.
TRUE
AACSB: Reflective Thinking
AICPA BB: Critical Thinking
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 06-05 Explain the difference
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 06-02 Compute the future value of a single amount.
Topic: Compute the future value of a single amount
17.
Carol wants to invest money in a 6% CD
ACC 533
Audit Roundtable November 5th
Group 1:
Highlights of Fraud Research, by Cynthia E. Bolt-Lee and Sara Kern, Journal of
Accountancy, November 2015.
Group 2:
American Law Institute Accountants' L
33.
Column 1 is an interest table for the:
A. Present value of an ordinary annuity of 1.
B. Future value of an ordinary annuity of 1.
C. Present value of an annuity due of 1.
D. Future value of an ann
32.
A firm leases equipment under a capital lease (analogous to an installment purchase) that calls
for 12 semiannual payments of $39,014.40. The first payment is due at the inception of the
lease. T
31.
Micro Brewery borrows $300,000 to be paid off in three years. The loan payments are
semiannual with the first payment due in six months, and interest is at 6%. What is the amount
of each payment?
30.
Jose wants to cash in his winning lottery ticket. He can either receive five $5,000 annual
payments starting today, or he can receive a lump-sum payment now based on a 3% annual
interest rate. Wh
29.
Debbie has $368,882 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per
year. The withdrawals will take place annually starting today. How soon will the fund be
exhausted if D
27.
Rosie's Florist borrows $300,000 to be paid off in six years. The loan payments are semiannual
with the first payment due in six months, and interest is at 6%. What is the amount of each
payment?