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!
Gidget's Gadgets Corp. (GGC) manufactures electronic equipment such as TVs; computers; and smartphones. In keeping with industry practice, GGC offers a two-year warranty on all products it sells. The warranty coverage is automatic, that is all purchasers receive warranty coverage when they buy any of GGC's products. Moreover, GGC does not sell warranty coverage on its, or other competitor's products on a stand-alone basis. GGC estimates that its warranty costs will average 1% of sales in the first year following the sale and 2% in the second year following the sale for total estimated costs of 3% of sales. Summary details with respect to GGC's warranty plan follow:
December 31, 20X3
Provision for warranties balance $140,000
20X4
Net sales$6,000,000
Cost of warranty repairs$160,000
20X5
Net sales$7,000,000
Cost of warranty repairs$170,000
Problem 1: What amount should GGC report as a provision for warranty payable on its statement of financial position as at December 31, 20X5?
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