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Question - Blessing Ltd has 5 employees, who are each paid $450 per week for a 5 day working week. Each employee is entitled to 10 days accumulating non-vesting sick leave per year. At 1 July 2019 the accumulated untaken leave was 25 days in total. During the year ended 30 June 2020 a total of 45 days sick leave was taken, of which 10 days were unpaid leave. Of the accumulated untaken leave at 30 June 2020 it is estimated that 50% of it will be taken during the following year.
Find the balance of the provision for sick leave at 30 June 2020?
a. $0
b. $1,600
c. $1,800
d. $3,600
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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