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On July 31st 2017 Ivanhoo company had a cash balance per book of $6,310.00. The statement from Dakota state bank showed a balance of $7,860.80.A comparison of the bank statement with the cash account revealed the following:
1. The bank service charge for July was $18.00
2. The bank collected $ 1690.00 through electronic fund transfer
3. The July 31st receipts of $1370.30 were not included in the bank deposits for July.4. Company check number 2480 issued to L. Taylor, a creditor, for $354,00 that cleared the bank in July was in correctly entered in the cash payment journal on July 10th for $345.00
5. Checks outstanding on July 31st totaled to $2,003.10
6. On July 31st, the bank statement showed an NSF charge of $745.00 for a check received from the company by W. Krueger a customer, on account.
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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Create a cost-benefit analysis to evaluate the project
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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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