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Part 1 Nash Company recently signed a lease for a new office building, for a lease period of 11 years. Under the lease agreement, a
Part 1 Nash Company recently signed a lease for a new office building, for a lease period of 11 years. Under the lease agreement, a security deposit of $12,290 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 5% per year. Click here to view factor tables What amount will the company receive at the time the lease expires? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The company will receive $ e Textbook and Media Part 2 Crane Corporation, having recently issued a $20,083,600, 15-year bond issue, is committed to make annual sinking fund deposits of $607,200. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Will the fund at the end of 15 years be sufficient to retire the bonds? Future value of an ordinary annuity $ Will funds be sufficient? e Textbook and Media Part 3 Crane Corporation, having recently issued a $20,083,600, 15-year bond issue, is committed to make annual sinking fund deposits of $607,200. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Deficiency $ e Textbook and Media Part 4 Under the terms of his salary agreement, president Leon Walters has an option of receiving either an immediate bonus of $71,500, or a deferred bonus of $91,000 payable in 10 years. Click here to view factor tables Ignoring tax considerations and assuming a relevant interest rate of 4%, which form of settlement should Walters accept? Present value of deferred bonus $ e Textbook and Media
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