Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Chapter 1, Problem 7R
To determine

Provide a chart that explains whether withdrawal amount that decreases the cash percentage to 50%.

To determine

Complete the transactions on the worksheet and save under the head PTRANST.

To determine

Provide a 3-D pie chart that shows the relative percentages of the balance of the liability and equity accounts.

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Assume that you are nearing graduation and have applied for a job with a local bank.  As part of the bank's evaluation process, you have been asked to take an examination that covers several financial analysis techniques.  The first section of the test addresses time value of money analysis.  See how you would do by answering the following questions. Draw time lines for (a) a $2000 lump sum cash flow at the end of year 4, (b) an ordinary annuity of $1000 per year for 5 years, and (c) an uneven cash flow stream of -$450, $1000, $650, $850 and $500 at the end of years 0 through 4. What is the future value of an initial $1000 after 5 years if it is invested in an account paying 5% annual interest? What is the present value of $1000 to be received in 4 years if the appropriate interest rate is 5%? We sometimes need to find out how long it will take a sum of money (or anything else) to grow to some specified amount.  For example, if a company's sales for 2020 is $1000 and expected to grow…
Complete your calculations by filling in the highlighted cells. Discuss your observations about the way cash is collected if the company needs $150,000 per month for expenses.
Assume that you are nearing graduation and have applied for a job with a local bank.  As part of the bank's evaluation process, you have been asked to take an examination that covers several financial analysis techniques.  The first section of the test addresses time value of money analysis.  See how you would do by answering the following questions. Draw time lines for:  (a) a $2000 lump sum cash flow at the end of year 4, (b) an ordinary annuity of $1000 per year for 5 years, and (c) an uneven cash flow stream of -$450, $1000, $650, $850 and $500 at the end of years 0 through 4.
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