Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i need help on this please sandhill co. sign

i need help on this please Sandhill Co. signs...

80.2K

Verified Solution

Question

Accounting

i need help on this please
image
image
Sandhill Co. signs a contract to sell the use of its patented manufacturing technology to Indigo Corporation for 16 years. The contract for this transaction stipulates that Indigo Corporation pays Sandhill $ 17,000 at the end of each year for the use of this technology Using a discount rate of 10%, what is the value in use of the patented manufacturing technology? (For calculation purposes, une decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, 4, 5,27525.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OE 1. Value in use $ 133003 Sandhill Company is considering investing in an annuity contract that will return $ 29,000 at the end of each year for 15 years. What amount should Sandhill Company pay for this investment if it earns a 8% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, es. 2.575.25.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Amount to be paid $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Mechanical Engineering
1.2K views

Case “EXCESS”      Stephanie Simon knew environmental manager Adam Baines would not be pleased with her report...

Physics
1.2K views

A shot putter projected a shot at the angle of 28 degrees at a velocity of...

Accounting
1.2K views

XS Supply Company is developing its annual financial statements at December 31. The statements are complete...

Biology
1.2K views

30 What is the main function of the carnitine shuttle system A To carry cholesterol...

Physics
1.2K views

A rigid wire consists of a semicircular portion of radius R and two straight sections...

Physics
1.2K views

Problem 3 23 How many number of turns of nichrome wire of specific resistance 10...

Physics
1.2K views

Q69 A cell of negligible resistance and e m f 2 volts is connected to...

Statistics
1.2K views

In a city with three high schools all the ninth graders took a Standardized Test...

Accounting
1.2K views

On July 1, 2016, Bauer Inc. loaned $5,000 cash to an employee, who signed a...

Accounting
1.2K views

Jam Pty Ltd has two cash generating units. CGU A had a carrying amount of...

Accounting
1.2K views

Smithen Company, a wholesale distributor, has been operating for only a few months. The company...

Accounting
1.2K views

What criteria must an asset meet to be classified as current? Under what condition will...