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Problem - ZZ, Inc. employs a periodic inventory system and had the following inventory information for the month of July:
July 1 Beginning inventory 200 units @ $5 cost per unit
July 7 Purchased 300 units @ $5.30 cost per unit
July 12 Sold 180 units
July 17 Purchased 100 units @ $5.80 cost per unit
July 19 Sold 120 units
July 23 Purchased 400 units @ $6.50 cost per unit
July 27 Sold 250 units
July 29 Purchased ??? units @ $5.20 cost per unit
For July, ZZ, Inc. reported an inventory turnover ratio of 1.20.
Assume ZZ, Inc. uses the FIFO inventory costing method. Calculate the number of units ZZ, Inc.purchased on July 29.
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
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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.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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