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Question - When a customer wants to return merchandise, the customer sends us the goods with a return request form. A receiving clerk prepares a receiving report and gives it and the return request to a manager. The manager approves the request, signs it, and gives it and the receiving report to the accounting clerk. The accounting clerk prepares a two-part credit memo and a two-part check. The clerk gives all of the documents to the manager, who reviews the documents and signs the credit memo and the check. The manager mails the credit memo and check to the customer and gives the other documents back to the accounting clerk. The accounting clerk then makes an entry in the cash disbursements journal, attaches the documents together (copy of the credit memo, copy of the check, return request, and receiving report), and then files the documents alphabetically in the sales returns file.
Prepare (1) a context diagram, (2) a level 0 data flow diagram, and (3) a document flowchart to document the sales returns process at Bee Well Company.
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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