Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Accounting


Home >> Accounting Basics

A Masters of Accountancy degree at Mid-State University would cost $10,000 for an additional fifth year of education beyond the bachelor's degree. Assume that all tuition is paid at the beginning of the year. A student considering this investment must evaluate the present value of cash of flows from possessing a graduate degree versus holding only the undergraduate degree. Assume that the average student with an undergraduate degree is expected to earn an annual salary of $46,000 per year for 10 years. Assume that the average student with a graduate Masters of Accountancy degree is expected to earn an annual salary of $57,000 per year for nine years after graduation. Assume a minimum rate of return of 10%. -Determine the net present value of cash flows from an undergraduate degree. Use the present value tables provided in this chapter. -Determine the net present value of cash flows from a Masters of Accountancy degree, assuming no salary is earned during the graduate year of schooling. -What is the net advantage or disadvantage of pursing a graduate degree under these assumptions?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9969767

Have any Question?


Related Questions in Accounting Basics

Question - melton corporation is preparing the comparative

Question - Melton Corporation is preparing the comparative financial statements for the annual report to its shareholders for fiscal years ended May 31, 2017, and May 31, 2018. The income from operations for the fiscal y ...

Part abackgroundsaturn petcare australia and new zealand

Part A Background: Saturn Petcare Australia and New Zealand is Australia's largest manufacturer of pet care products. Saturn have been part of the Australian and New Zealand pet care landscape since opening their first m ...

Question - in november 2018 the brunswick company signed

Question - In November 2018, the Brunswick Company signed two purchase commitments. The first commitment requires Brunswick to purchase 11,000 units of inventory at $8 per unit by December 15, 2018. The second commitment ...

Question - in 2017 wildhorse corporation had net cash

Question - In 2017, Wildhorse Corporation had net cash provided by operating activities of $569,000, net cash used by investing activities of $965,000, and net cash provided by financing activities of $592,000. At Januar ...

Question - ahnen company owns the following

Question - Ahnen Company owns the following investments. Trading securities (fair value): $70,000 Available-for-sale securities (fair value): 40,000 Held-to-maturity securities (amortized cost): 47,000 What will Ahnen re ...

Question - during 2018 beltram inc had sales of 35633

Question - During 2018, Beltram, Inc. had Sales of $3,563.3 million, Gross profit of $1,634.6 million and Selling, general, and administrative expenses of $1,278.0 million. What was Beltram's Cost of sales for 2018? $ 88 ...

Question - a guy doing software coding a company offers him

Question - A guy doing software coding. A company offers him $100,000 as contract to have the right to use his in their procurement software package. The right of use is up to 10,000 packages, if the procurement sells mo ...

Question as a small business owner in todays

Question: As a small business owner in today's economy: • What three financial reports would you use on a regular basis? • What information would you find on each statement? • What decisions might each statement help you ...

Question - bioscience inc will pay a common stock dividend

Question - BioScience Inc. will pay a common stock dividend of $3.90 at the end of the year (D1). The required return on common stock (Ke) is 22 percent. The firm has a constant growth rate (g) of 10 percent. Compute the ...

Assignment - you have been recently employed as an

Assignment - You have been recently employed as an accountant for the Platinum Manufacturing Group. The CEO, Ms James, has tasked you with reviewing their system for the purchase, receipt, storage and issuance of raw mat ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved