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Problem - Payroll entries - The payroll register for Schmidt Company for the week ended April 29 indicated the following:
Salaries $1,380,000
Social security tax withheld 82,800
Medicare tax withheld 20,700
Federal income tax withheld 276,000
In addition, state and federal unemployment taxes were computed at the rate of 5.4% a 0.6%, respectively, on $245,000 of salaries.
Required -
a. Journalize the entry to record the payroll for the week of April 29.
b. Journalize the entry to record the payroll tax expense incurred for the week of April 29.
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.
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Create a cost-benefit analysis to evaluate the project
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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.
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CAPM and Venture Capital
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