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Question - Journalize the five transactions for Mirmax Rentals described below:
August 1 Mirmax purchases two new saws on credit at $375 each. The saws are added to Mirmax's rental inventory. Payment is due in 30 days.
August 8 Mirmax accepts advance deposits for tool rental of $75 that will be applied to the cash rental when the tools are returned.
August 15 Mirmax receives a bill from Macon Utility Company for $150. Payment is due in 30 days.
August 20 Mirmax charges Customers $750 for tool rentals. Payment is due in 30 days.
August 31 Mirmax receives $500 in payments from the customers that were bill for rentals on August 20.
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
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Prepare the bank reconciliation for company.
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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