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Problem 1: Journalize the following transactions on the journal page below. Add explanations for the transactions and leave a space between each.
Paid the rent for May, $1500. by cheque, # 85Received $340 from Southco on the account. Hint - if you are receiving money is this A/R or A/P?Completed a consulting service for P. Plum on account, $550Paid $65 to Erin Repair on account ownerThe owner, Tabatha Lin, withdrew $375 cash for personal use.Paid $43 for the phone bill by cheque #86Got the company van repaired on account with Erin Repair, $282Received $550 from P. Plum on the account.Completed a consulting service for G. Dekker, $768, paid by cheque.Paid wages of $600, paid by cheque #87
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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