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Local advertising decisions are made at the store manager level. The sales manager''s salary in Savannah is determined by the Savannah store manager, in contrast, store manager salaries are set by Piedmont Noveltie''s vice president.
...Nontraceable fixed corporate expenses total $288,450
...The company uses a responsibility accounting system
Required:
1. Assume the role of Judson Wyatt and prepare a segmented income statement for Piedmont
2. Determine the weakest-performing store and present an analysis of the probable causes of poor performance
3. Assume that an opening has arisen at the Charlotte corporate headquarters and the company''s chief executive officer (CEO) desires to promote one of the three existing store managers. In evaluating the store manager''s performance, should the CEO use a store''s segment contribution margin, the profit margin controllable by the store manager, or a store''s segment profit margin? Justify your answer.
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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