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 - Assume that you are the CFO of a large manufacturing company. As CFO, you are responsible for investing excess cash in marketable securities and then handling the accounting of those securities. Your company has a policy of classifying all securities as being available-for-sale. At the end of the year, preliminary financial results indicate that your firm will be slightly below targeted net income. The board of directors has given you the task of determining how income might be increased without going outside the rules.
You determine that one method of increasing net income would be to reclassify all available-for-sale securities that have experienced an increase in fair value as if they were purchased as trading securities.
1. Would the reclassification achieve the desired results in your opinion?
2. Is this reclassification within the rules?
3. Is this reclassification consistent with the intent of FASB Statement 115?
4. If you were the company's external auditor, what questions might you have regarding this reclassification?
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