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Summary financial information for Newburg Company is as follows.
Dec. 31, 2013
Dec. 31, 2012
Current assets
$ 200,000
$ 220,000
Plant assets
1,040,000
780,000
Total assets
$1,240,000
$1,000,000
Compute the amount and percentage changes in 2013 using horizontal analysis, assuming 2012 is the base year.
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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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.
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