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On April 1, 2009 Green Company received an advance payment of $60,000 from a customer. The payment was for five months of services Green would perform for the customer at the rate of $12,000 per month. Green started providing the service on April 1, 2009. On April 1, 2009 Green made an entry in its accounting system debiting Cash for $60,000 and crediting Unearned Service Revenue for $60,000. This is the only entry that has been made related to this transaction. Select the adjusting entry Green should make prior to preparing financial statements on April 30, 2009.
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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