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The St.Louis Cardinals sign Albert Pujols to a five-year contract beginning next year. The contract calls for payments of $50 million each year for the next five years, beginning next year. Assume that these payments have a present value of $200 million. The contract also provides the Cardinals give Pujols an Italian sports car valued at $250,000 at the time of signing the contract. Indicate the treatment of this contract at the time of signing.
Answer
Calculate the net present value of the future payments, and book that as a liability. Then, when each payment is made the liability is reduced, + difference between NPV and actual payment
Calculate the net present value of the future payments, and book that as a liability. Then, when each payment is made the liability is reduced, + difference between NPV and actual payment
What are some cool things to do in St Louis for a family with a 6 year old child?
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We are looking for something different. We have done the zoo, Grants Farm, Science Center, Arch, River Cruise, and Ballgames. He likes sports, games, things like that. Any huge game area or something like that, with sports type activities for a 6 year old? Or anything for a 6 year old.
Answer
As far as St. Louis City is concerned... the bowling hall of fame is really cool and I think the Cardinals baseball museum is attached to that. The City Museum is fantastic, there is no kid/adult in the world that wouldn't love that place. The botanical garden has a childrens garden which is great in the spring and summer.
In St. Louis County there is the museum of transportation that has trains and cars your can explore and lots of room to run. The magic house in Kirkwood is opening a brand new wing this summer which is an awesome place for kids 10 and under to explore and learn. Laumeier Sculpture Park is cool that are a lot of giant scuptures for children to run on and a lot of land for children to explore and find cool sculptures. The Mills Mall off HWY370 has a nascar speed park with gocarts as well as glow in the dark put put golf. There is also Swing Around Fun Town to the south in Fenton which I believe is off 141 has lots of games, batting cages, go carts, bumper boats, and lots of put put golf.
I hope this helps, good luck on your trip!
As far as St. Louis City is concerned... the bowling hall of fame is really cool and I think the Cardinals baseball museum is attached to that. The City Museum is fantastic, there is no kid/adult in the world that wouldn't love that place. The botanical garden has a childrens garden which is great in the spring and summer.
In St. Louis County there is the museum of transportation that has trains and cars your can explore and lots of room to run. The magic house in Kirkwood is opening a brand new wing this summer which is an awesome place for kids 10 and under to explore and learn. Laumeier Sculpture Park is cool that are a lot of giant scuptures for children to run on and a lot of land for children to explore and find cool sculptures. The Mills Mall off HWY370 has a nascar speed park with gocarts as well as glow in the dark put put golf. There is also Swing Around Fun Town to the south in Fenton which I believe is off 141 has lots of games, batting cages, go carts, bumper boats, and lots of put put golf.
I hope this helps, good luck on your trip!
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