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1.In a job order cost system, it would be correct in recording the purchases of raw materials to debit?
a.work in process inventory
b.work in process and manufacturing overhead
c.raw materials inventory
d. finished goods inventory
2. posting to control accounts in a costing system are made
a.monthly
b.daily
c.annually
d.semiannually
2. Debits to work in process inventory are acccompanied by a credit to all but which one of the following accounts?
a. Raw materials inventory
b.factory labor
c.manufacturing overhead
d. cost of good sols.
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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