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Daze works as a sales representative and travels extensively for his employer'sbusiness. This year Daze was paid $98,000 in salary and made the following expenditures:
Federal income taxes withheld 10,000
State income taxes withheld 2,000
Medical expenses 1,000
Employee business expenses(unreimbursed portion)1,000
Charitable contributions 500
Investment counseling fees 800
Will preparation fee 500
Daze also made a number of trips to Connecticut for gambling. This year Daze won$2,000 after spending $14,500. Calculate Daze's taxable income if he files single with one personal exemption.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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