You are evaluating a growing perpetuity investment from a large financial services firm. The investment promises an initial payment of $24,800 at the end of this year and subsequent payments that will grow at a rate of 3.5 percent annually. If you use a 9 percent discount rate for investments like this, what is the present value of this growing perpetuity

Kinda moderates the comments section of an online travel magazine.which type of comments should linda flag or delete as inappropriate content

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500