Finance: set 3
10 questions. Click an option: a correct answer turns green, a wrong one red, and an explanation appears.
A car wash spent 30 mln soum on equipment. The equipment brings in an equal net cash inflow of 8 mln soum every year. What is the simple (undiscounted) payback period (investment / annual inflow)?
A tenant promised to pay the "Bog'bon" farm 1 210 000 soum at the end of year 1 and at the end of year 2. The discount rate is 10% per year. What is the total present value of these two payments?
The founder of the "Nurli ufq" training center deposits 1 000 000 soum into a savings account at the end of each year for 3 years. The account earns 10% annual compound interest (interest is added at the end of each year). How much money will be in the account after the last deposit at the end of the third year (future value of an ordinary annuity)?
A joint-stock company's annual net profit is 90 mln soum, of which 10 mln soum is directed to dividends on preferred shares. The weighted average number of ordinary shares outstanding during the year is 40 000. What are the earnings per ordinary share (EPS = (net profit − preferred dividends) / number of ordinary shares)?
In its initial issue, "Ko'hitang" joint-stock company placed 2 000 ordinary shares with a face value of 5 000 soum at 6 500 soum each; the money was received in the settlement account. What is the excess over face value (additional paid-in capital), and with what journal entry is it recorded under NAS No. 21?
A company bought 500 shares of another company as a short-term investment at 20 000 soum each (in account 5810). At the end of the reporting period the shares were revalued upward to 23 000 soum each. What is the revaluation amount and the journal entry under NAS No. 21?
A bond with a face value of 1 000 000 soum pays an annual coupon of 12% of the face value. The bond is selling on the market for 960 000 soum. What is the current yield (annual coupon / market price)?
The "Charxpalak" mill plans to spend 40 mln soum on new equipment. The discounted (present) value of all future cash inflows from the equipment is estimated at 50 mln soum in total. What is the profitability index (PI = present value of inflows / investment)?
"Oqtepa sut" JSC bought back from shareholders 1 500 of its own ordinary shares with a nominal value of 4 000 soum at 5 200 soum each (7 800 000 soum in 8610) and then cancelled them, reducing the charter capital. Under the table in paragraph 348 of NAS No. 21, how is the cancellation recorded?
"Navbahor tekstil" JSC split its shares: for each ordinary share with a nominal value of 10 000 soum, 5 new shares with a nominal value of 2 000 soum each were issued, and the charter capital amount did not change. How is this transaction recorded under NAS No. 21?