subject
Business, 06.05.2021 22:20 TrueKing184

On January 1, Ellsworth Company completed the following transactions (use a 8% annual interest rate for all transactions): Borrowed $2,000,000 to be repaid in five years. Agreed to pay $150,000 interest each year for the five years. Determine the present value of the debt. Established a plant remodeling fund of $1,000,000 to be available at the end of Year 10. A single sum that will grow to $1,000,000 will be deposited on January 1 of this year. What single amount must the company deposit on January 1 of this year

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:20
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.
Answers: 1
question
Business, 22.06.2019 17:30
One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.
Answers: 2
question
Business, 22.06.2019 19:00
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
question
Business, 22.06.2019 20:30
What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.
Answers: 1
You know the right answer?
On January 1, Ellsworth Company completed the following transactions (use a 8% annual interest rate...
Questions
question
Mathematics, 30.06.2019 18:20
Questions on the website: 13722363