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Problem 1: Suppose you invest $10,000 with an interest rate at 6%, what is the principal payment after one year?
a) $600
b) $1,000
c) $10,600
d) $10,000
Problem 2: You are applying for auto loans where the local bank charges you an APR of 3.5% compounded monthly. Based on your income, the maximum amount you can pay is $550 per month for 4 years, where the payment is scheduled at the end of the month. How much is the car that you can afford?
a) $24,601.90
b) $14,156.80
c) $26,540.30
d) $21,240.17
Financial Statement Analysis and Preparation
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An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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