Principles of Managerial Accounting · 免费预览
货币时间价值，现值与终值
今天的钱比同等数额的钱在未来更值钱，而现值计算按反映资本成本的利率对未来现金流进行贴现，从而把明天的资金转化为今天的决策依据。
1. Why timing prices money
Why timing prices money
2. Present value of a single amount
Present value of a single amount
3. Annuities, equal flows across years
Annuities, equal flows across years
4. Applying present value to projects
Applying present value to projects
5. Time value reason
Why is money today worth more than the same amount in the future?
6. Single amount present value
Compute the present value of 50,000 dollars received in three years at a 10 percent discount rate, rounded to the nearest dollar.
7. Annuity present value
A five-year annuity of 30,000 dollars is discounted at 10 percent with a factor of about 3.7908. Compute the present value.
8. Discount rate meaning
In capital budgeting, what does the discount rate represent?
9. Discounting direction
Present value ____ future cash flows back to today at the discount rate. One word.
10. Equal flows term
A series of equal annual cash flows is called an ____. One word.