Solutions For Managerial Accounting for Undergraduates, 2nd Edition Christensen (All Chapters included)

Managerial Accounting for Undergraduates,
2nd Edition
by Theodore E. Christensen


Complete Chapter Solutions Manual
are included (Ch 1 to 14)


** Immediate Download
** Swift Response
** All Chapters included

, Appendix A
Accounting and
the Time Value of Money

EXERCISES—SET A

EA-1A. Simple and Compound Interest
(LO1)

a. 1: $20,000 x 0.02 x 6 = $2,400
2: $20,000 x 0.04 x 4 = $3,200
3: $20,000 x 0.06 x 3 = $3,600

b. 1: $20,000 x 1.12616 = $22,523.20 - $20,000.00 = $2,523.20
2: $20,000 x 1.16986 = $23,397.20 - $20,000.00 = $3,397.20
3: $20,000 x 1.19102 = $23,820.40 - $20,000.00 = $3,820.40


EA-2A. Future Value Computation
(LO2)

$5,000 x 1.25971 = $6,298.55


EA-3A. Future Value Computation
(LO2)

$5,000 x 3.24640 = $16,232.00


EA-4A. Present Value Computation
(LO3)

$5,000 x 0.79383 = $3,969.15




2020
Solutions Manual, Appendix A A-1

, EA-5A. Present Value Computation
(LO3)

$5,000 x 2.57710 = $12,885.50


EA-6A. Future Value Computation
(LO2)

$10,000 x 1.26248 = $12,624.80


EA-7A. Present Value Computation
(LO3)

$10,000 x 0.79209 = $7,924.90


EA-8A. Future Value Computation
(LO2)

$10,000 x 9.54911 = $95,491.10


EA-9A. Future Value Computation
(LO2)

$10,000 x 9.21423 = $92,142.30


EA-10A. Present Value Computation
(LO3)

$150,000 x 0.78353 = $117,529.50


EA-11A. Future Value Computation
(LO2)

(a) $12,000 x 1.46933 =$17,631.96
(b) $12,000 x 1.48024 = $17,762.88
(c) $12,000 x 1.48595 = $17,831.40




2020
A-2 Managerial Accounting for Undergraduates, 2nd Edition