Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Mongol Pencil Company consigns pencils to retailers, debiting Accounts Receivable for the retail sales price of the pencils consigned and crediting Sales. All costs relating to the consigned pencils are debited to expenses of the current accounting period. Net remittances of the consignees are credited to Accounts Receivable.
On December, 800 pencils costing P60 each and retailing for P100 a unit were consigned to Mongolian Store. Freight cost of P800 was debited to Freight Expense by the consignor. On December 31, Mongolian Store remitted P35,505 to Mongol Company in full settlement of the balance due. Accounts Receivable was credited for this amount. The consignee deducted a commission of P10 on each pencil sold and P45 for delivery expense. Find the number of pencils sold by Mongolian Store?
a. 355 b. 395
c. 490 d. 500
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
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd