places to the right of the decimal point.) Present value of a single amount PV = FV x PVIF or Appendix B Year 1: FV = 2.00; i = 0.11; n = 1; PV = 2.00 [0.901] = 1.80 Year 2: FV = 2.20; i = 0.11; n = 2; PV = 2.20 [0.813] = 1.79 Year 3: FV = 2.40; i = 0.11; n = 3; PV = 2.40 [0.731] = 1.75 When FV = 33‚ i = 0.11; n =3; PV = 33[0.731] = 24.12 Total PV = 1.80+1.79+1.75+24.12 = 29.46 Chapter 9‚ Problem 22 Your rich godfather has offered you a choice of one of the three following alternatives:
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Chapter 10 Dispositions of Partnership Interests and Partnership Distributions SOLUTIONS MANUAL Discussion Questions 1. [LO 1] Joey is a 25% owner of Loopy LLC. He no longer wants to be involved in the business. What options does Joey have to exit the business? Answer: Joey’s two most common options are to sell or exchange his interest in the LLC to a third party or to have the LLC liquidate his interest. Joey may also exchange his interest for corporate stock‚ give the interest
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Problem Set II Problem P9 17: Jack Hammer FV (Table 1) at 11% discount rate 2.00 x .901 = $1.80 2.20 x .802 = $1.79 2.40 x .731 = $1.75 33.00 x .731 = $24.12 -------- $29.46 Problem P9 - 22: Alternative Present Values: Your rich godfather has offered you a choice of one of the three following alternatives: $10‚000 now; $2‚000 a year for eight years; or $24‚000 at the end of eight years. Solution: (first alternative)
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Growing up with overprotective parents has taught me valuable lessons such as organizational skills and respectfulness‚ but my personality has suffered from it. Often times my parents have restrained me from attending a party or have restricted me from potentially “dangerous” activities. Adolescents need adventure to find their true selves‚ and discovering it is a task that should be journeyed alone‚ without overprotective parents. Parents are considered the best advice givers‚ but if they happen
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What three words describe you and why do you think they are a good description a. Ambitious I think ambitious is a good description for me because I’m always willing to get my goals done inside of school and out of school. b. Optimistic I think optimistic a good description for me because I always try to have confident about the future and seeing myself to succeed c. Mature I think I’m mature about my decisions that I make for my future and planning for the best for each outcome. 2. What are your
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Gannie Shekhar Pd:2 Hurley Corporate Partnerships Corporate partnerships allow schools to gain extra cash by advertising a product or service around the school‚ this allows the school to gain extra money and the company possible sales. The supporters of corporate partnerships argue that it is a necessity for cash stripped schools. However the other side argues that school environment should be ad free and uninfluenced by corporations. I believe that corporate partnerships are a necessary part of
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Précis 7 – Describe cognitive dissonance and describe how it is influenced by culture. Cognitive Dissonance Theory is a theory of attitude change proposing that inconsistency exists among our attitudes‚ or between our attitudes and behavior‚ we experience an unpleasant state of arousal called cognitive dissonance‚ which we will be motivated to reduce or eliminate. (Bordens & Horowitz 2001) This is a theory‚ which has been transformed over many decades. Cognitive Dissonance varies between
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Safe home environment As a child-minder my aim is to provide a safe environment. In my home I provide: General Age related toys to avoid choking etc. and are not broken or have any sharp edges or things hanging off. A stair gate Smoke alarms First aid kit Radiator Guards Plug socket covers I do a risk assessment each morning in the home and garden to make sure that everything is safe for the children to come into. Make sure all main doors are kept locked and the key put on a hook near
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(Rs. 200 stamp paper) PARTNERSHIP DEED THIS DEED OF PARTNERSHIP IS MADE on this 12th day of January‚ 2008 by and between Mr. A S/o C R/o XYZ hereinafter referred to as Party of the FIRST PART (which expression shall deem and include his heirs‚ executors‚ administrators‚ representatives‚ assigns and agents)‚ AND Ms. B D/o D R/o XYZ‚ Party of the SECOND PART (which expression shall deem and include his heirs‚ executors‚ administrators‚ representatives
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Historical Background PARTNERSHIP 1st Sem; 2003 the Roman law‚ the law merchant and equity‚ and the common law courts. Governing law in our jurisdiction Before the new Civil Code‚ commercial or mercantile partnerships were governed by the Code of Commerce and non-commercial or civil partnerships by the old Spanish Civil Code. The new Civil Code superseded the old Civil Code and expressly repealed in toto the provisions in the Code of Commerce relating to partnerships. Consequently‚ the new
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