menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 11: Long-Term Liabilities, bonds Payable, and Classification of Liabilities on the Balance Sheet
  5. Question
    Using the Present Value Tables,please Compute the Present Value of $20,000
Solved

Using the Present Value Tables,please Compute the Present Value of $20,000

Question 131

Question 131

Multiple Choice

Using the present value tables,please compute the present value of $20,000 discounted back 5 periods at 4%.


A) $16,400
B) $19,240
C) $18,180
D) $16,440

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q126: If $10,000 is invested for one year

Q127: The balance in the Bonds payable account

Q128: When a company accrues interest payable on

Q129: On January 2,2014,Mahoney Sales issued $10,000 in

Q130: Which of the following is TRUE of

Q132: The current portion of notes payable must

Q133: Balances for bonds payable on the balance

Q134: On January 1,2013,Diab Services issued $140,000 of

Q135: On January 1,2013,Davie Services issued $20,000 of

Q136: If bonds with a face value of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines