c6
-describe the fundamental concepts related to the time value of money
-solve future and present value of lo1 problems
-solve future value of ordinary and annuity due problems
-solve present value of ordinary and annuity due problems
-solve present value problems related to deferred annuities, bonds, and expected cash flows

basic time value concepts
-applications
-the nature of interest
-simple interest
-compound interest
-fundamental variables

single-sum problems
-future value of single sum
-present value of single sum
-solving for other unknowns

annuities(future value)
-future value of ordinary annuity
-future value of annuity due
-examples of FV of annuity

annuities(present value)
-present value of ordinary annuity
-present value of annuity due
-examples of PV of annuity

other time value of money issues
-defferred annuities
-valuation of long-term bonds
-effective-interest method of bond discount/premium amortization
-present value measurement

notes
valuing noncurrent receivables and payables that carry no stated interest rate or lower than market interest rate

leases
valuing assets and obligations to be capitalized  under long-term leases and measuring the amount of the lease payments and annual leasehold amortization

pensions and other postretirement benefits
measuring service cost components of employers\' postretirement benefits expense and postretirement benefits obligation

long-term assers evaluating alternative long-term investments by discounting future cash flows. determining the value of assets acquired under deferred payment contracts. measuring impairments of assets

stock-based compensation.
determining the fair value of employee services in compensatory stock-option plans

businrss combinations
determining the value of receivables, payables, liabilities, accruals, and commitments acquired or assumed in a \"purchase\"

disclosures
measuring the value of future cash flows from oil and gas reserves for disclosure in supplementary info

environmental liabilities
determining the fair value of future obligations for asset retirements