Tuesday, February 4, 2014

Fin-419 Week 3 Assignment

* The spare-time activity are responses to the following problems from the text: Ch. 2: P2-2, Ch. 4: P423, P446, Ch. 6: P615, and Ch. 7: P76. * Chapter 2: P22 Financial literary argument notice identification: Mark all(prenominal) of the accounts listed in the following carry over as follows: a) In column (1), indicate in which argumentincome statement (IS) or balance sheet (BS)the account belongs. b) In column (2), indicate whether the account is a flow reckon plus (CA), current liability (CL), set down (E), improve asset (FA), long-term debt (LTD), tax (R), or seamholders equity (SE). | (a)| (b)| placard construct| Statement| Type of account| Accounts due| BS| CL| Accounts receiv fitted| BS| CA| Accruals| BS| CL| hoard depreciation| BS| FA| Administrative expense| IS| E| Buildings| BS| FA| Cash| BS| CA| Common linage (at par)| BS| SE| Cost of goods sold| IS| E| disparagement| IS| E| Equipment| BS| FA| General expense| IS| E| affair expense| IS| E| Inventories| BS| CA| Land| BS| FA| long debts| BS| LTD| Machinery| BS| FA| Marketable securities| BS| CA| Notes payable| BS| CL| Operating expense| IS| E| Paid-in nifty in excess of par| BS| SE| preferable stock| BS| SE| Preferred stock dividends| IS| E| Retained earnings| BS| SE| gross revenue revenue| IS| R| Selling expense| IS| E| Taxes| IS| E| Vehicles| BS| FA| * * Chapter 4: P423 Funding your retirement: You intent to retire in exactly 20 years. Your goal is to take in a descent that forget allow you to receive $20,000 at the end of each year for the 30 years amidst retirement and finish (a psychic told you would die exactly 30 years after you retire). You know that you will be able to earn 11% per year during the 30-year retirement period. a. How large a fund will you need when you retire in 20 years to hand over the 30 year, $20,000 retirement annuity? *...If you want to get a full essay, order it on our websit! e: OrderCustomPaper.com

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