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The questions are listed below Megan Brink is offered the possibility of investing $10,129 today at 5% interest per year in a desire to accumulate

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The questions are listed below

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Megan Brink is offered the possibility of investing $10,129 today at 5% interest per year in a desire to accumulate $16,500. How many years must Brink wait to accumulate $16,500? (PV of $1, EV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "PV of a single amount" to 4 decimal places and final answer to the nearest whole number.) Present Value Future Value P (PV of a Single Years Amount) years Flaherty is considering an investment that, if paid for immediately, is expected to return $151,000 ten years from now. If Flaherty demands a 12% return, how much is she willing to pay for this investment? (PV of $1, EV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "PV of a single amount" to 4 decimal places and final answer to the nearest whole dollar.) Future Value X p (PV of a Single Amount) Present Value Cll, Inc., invests $790,000 in a project expected to earn a 10% annual rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated 14 years later. What will the cash proceeds be when the project is liquidated? (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "FV of a single amount" to 4 decimal places and final answer to the nearest whole dollar.) Present Value X f (FV of a Single Amount) Future Value Beene Distributing is considering a project that will return $270,000 annually at the end of each year for the next six years. If Beene demands an annual return of 10% and pays for the project immediately, how much is it willing to pay for the project? (PV of $1, EV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) Periodic Cash Flow P (PV of an Ordinary Annuity) Present Value Claire Fitch is planning to begin an individual retirement program in which she will invest $3,900 at the end of each year. Fitch plans to retire after making 30 annual investments in the program earning a return of 12%. What is the value of the program on the date of the last payment (30 years from the present)? (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "FV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) Periodic Cash Flow X f (FV of an Ordinary Annuity) Future Value Ken Francis is offered the possibility of investing $6,525 today; in return, he would receive $13,000 after 8 years. What is the annual rate of interest for this investment? (PV of $1. EV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "PV of a single amount" to 4 decimal places and percentage answer to the nearest whole number.) Present Value Future Value p (PV of a Single Amount) Interest RateAli Co. uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal which each of the transactions should be recorded. Date Transaction Journal Nov. 1 Borrowed $8,750 cash by signing a note payable to Chase Bank. 3 Purchased $4,740 of merchandise on credit from Kirkpatrika terms n/15. 7 Sold merchandise costing $7,320 to Rodgers Co. for $10, 120 cash, invoice no. 4309 14 Sold used store machinery (noninventory) for $5,432 cash to Lowry Corp 17 Paid Kirkpatrika $4,740 cash for the merchandise purchased on Nov. 3. 19 The company paid Weeks Co. $7,310 cash for the merchandise purchased on October 27. 20 Sold merchandise costing $4,900 to P. Chryst for $4,350 on credit, terms n/20. 27 The company paid salaries and wages of $5,690 in cash Organic Food Co's cash account shows a $5,600 debit balance and its bank statement shows $5,230 on deposit at the close of business on August 31. a. August 31 cash receipts of $1,340 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a $130 NSF check from a customer; the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $1,220. d. In reviewing the bank statement, an $90 check written by Organic Fruits was mistakenly drawn against Organic Food's account. e. The August 31 bank statement lists $30 in bank service charges; the company has not yet recorded the cost of these services. Prepare a bank reconciliation using the above information. ORGANIC FOOD CO. Bank Reconciliation August 31 Bank statement balance Book balance Add Add 0 0 0 Deduct Deduct: 0 O Adjusted bank $ 0 Adjusted book balance $ 0Barga Co.'s net sales for Year 1 and Year 2 are $668,000 and $746,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $58,000; and Year 2, $93,000. a. Complete the below table to calculate the days' sales uncollected at the end of each year. (Round your "Days' Sales Uncollected" answer to 1 decimal place.) Days' Sales Uncollected Choose Numerator: / Choose Denominator: X Days = Days' Sales Uncollected Days' sales un Year 1: days Year 2: days A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 290 units. Ending inventory at January 31 totals 130 units. Units Unit Cost Beginning inventory on January 1 260 $ 2.40 Purchase on January 9 60 2.60 Purchase on January 25 100 2.74 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. Perpetual FIFO: Goods purchased Cost of Goods Sold Inventory Balance # of Date # of Cost per Cost per Cost of Goods # of units Cost per Inventory units unit units sold unit Sold unit Balance January 1 January 9 January 25 January 26 Totals

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