Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The net income of Accent Photography Company decreased sharply during 2009. Lisa Brown, owner of the company, anticipates the need for a bank loan in 2010. Late in 2009, Brown instructed the accountant to record a $20,000 sale of portraits to the Brown family, even though the photos will not be shot until January 2010. Brown also told the accountant not to make the following December 31, 2009, adjusting entries:
Salaries owed to employees 5,000
Prepaid insurance that has expired 1,000
Required
1. Compute the overall effect of these transactions on the company's reported income for 2009. Is reported net income overstated or understated?
2. Why did Brown take these actions? Are they ethical? Give your reason, identifying the parties helped and the parties harmed by Brown's action. 3. As a personal friend, what advice would you give the accountant?
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
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd