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Questions -
Q1. Towson Manufacturing had a Work in Process balance of $146,000 on January 1, 2018. The year-end balance of Work in Process was $152,000 and the Cost of Goods Manufactured was $895,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018.
Q2. During FY 2018, Towson Manufacturing had a beginning finished goods inventory of $25,000 & ending finished goods inventory of $18,500. Beginning work-in-process was $17,000 and ending work-in-process was 17,500. Factory overhead was $22,500. The total manufacturing costs amounted to $258,000. Use this information to determine the FY 2018 Cost of Goods Sold.
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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