Accounting and the Time Value of Money
1. Current and Future computations of a single sum of money
2. Current and Future computations of an annuity (ordinary and annuity due)
By far the most common application of time value of money concepts in financial accounting and reporting is computation of present values, particularly annuities.
Required:
1. Your task for this week is to get a copy of the latest 10K for your assigned public company (UnitedHealth Group Inc. (UNH)) and copy and paste at least two separate disclosure notes from the "Notes to the Financial Statements" (Except for the one that relates to Significant Accounting Policies) that mention the use of present values (whether directly or indirectly). Note - the term "Fair Value" does not automatically equate to present value. Please show the number/name and page number of each note
2. Please reply to this post by adding the name of the public company in your Subject.