Journal of Accountancy, Հատոր 5 |
From inside the book
Արդյունքներ 100–ի 1-ից 5-ը:
Էջ 2
That reinvestment is entirely outside of the problem , which is the division of the
amount of each coupon into two portions , the second of which is not income at
all , but repayment of principal , and may be reinvested or not . These two
theories ...
That reinvestment is entirely outside of the problem , which is the division of the
amount of each coupon into two portions , the second of which is not income at
all , but repayment of principal , and may be reinvested or not . These two
theories ...
Էջ 3
Our friends would hardly claim this , but it seems to me a logical consequence of
their position that the given income is to be earned on the entire initial amount up
to maturity . In the above example the principal invested is not continuously $ 13
...
Our friends would hardly claim this , but it seems to me a logical consequence of
their position that the given income is to be earned on the entire initial amount up
to maturity . In the above example the principal invested is not continuously $ 13
...
Էջ 6
what this reinvestment plan amounts to , is neither actually practiced , nor ever
can be ; or that , if it were , the earning rate would not be what the investor is led
to believe . Let us see now . In the article in The Annals , to which reference has ...
what this reinvestment plan amounts to , is neither actually practiced , nor ever
can be ; or that , if it were , the earning rate would not be what the investor is led
to believe . Let us see now . In the article in The Annals , to which reference has ...
Էջ 7
It is not necessary here to show that these sums at compound interest will yield
that amount . No “ controvertist ” will deny that . Why , then , should they claim that
it cannot be done ; that is , that no such sinking fund ever can be put into practice
...
It is not necessary here to show that these sums at compound interest will yield
that amount . No “ controvertist ” will deny that . Why , then , should they claim that
it cannot be done ; that is , that no such sinking fund ever can be put into practice
...
Էջ 9
Now , I contend that if any one is liable for an amount due at some future time ,
and wishes to decrease that liability by a certain sum , say $ 5 , it may be done in
two ways — either by placing in a sinking fund , at the agreed rate , a sum which
is ...
Now , I contend that if any one is liable for an amount due at some future time ,
and wishes to decrease that liability by a certain sum , say $ 5 , it may be done in
two ways — either by placing in a sinking fund , at the agreed rate , a sum which
is ...
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