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Solutions for Financial Accounting for Executives & MBAs, 5th Edition by Simko $49.49   Add to cart
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Solutions for Financial Accounting for Executives & MBAs, 5th Edition by Simko

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  • Financial Accounting
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  • Financial Accounting

Complete Solutions Manual for Financial Accounting for Executives & MBAs, 5e 5th Edition by Simko, Wallace, Comprix. ISBN-13: 978-1-61853-366-1 Full Chapters Solutions are included Chapter 1 The Economic Environment of Accounting Information (pg. 2) Chapter 2 From Business Events to Financ...

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  • July 13, 2023
  • 252
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • Financial Accounting
  • Financial Accounting

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Appendix A
The Time Value of Money
EXERCISES
A.1 a. $7,000 x 1.25440 = $8,781

b. $7,000 x 1.40493 = $9,835

c. $7,000 x 1.26677 = $8,867


A.2 a. $3,000 x 2.15892 = $6,477

b. $3,000 x 2.19112 = $6,573

c. $3,000 x 2.20804 = $6,624


A.3 $1,000 x 5.63709 = $5,637


A.4 $4,000 x 241.33268 = $965,331


A.5 a. $20,000 x 0.83962 = $16,792

b. $20,000 x 0.83748 = $16,750


A.6 $8,000 x 3.88965 = $31,117


A.7 $30,000 x 0.21455 = $6,437 so it is better to accept $15,000 immediately.


A.8 $30,000 x 0.23300 = $6,990

$1,000 x 12.78336 = $12,783

Present value of the combined payoff is $19,773.




Solutions Manual, Appendix A A-1

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