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Question - Below are several amounts reported at the end of the year?
Currency located at the company $ 900
Supplies 2,400
Short-term investments that mature within three months 2,500
Accounts receivable 2,500
Balance in savings account 7,800
Checks received from customers but not yet deposited 400
Prepaid rent 1,700
Coins located at the company 500
Equipment 8,800
Balance in checking account 5,900
Required: Calculate the amount of cash to report in the balance sheet.
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.
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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.
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