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!
(Preparation of a Corrected Balance Sheet) Presented below and on the next page is the balance sheet of Kishwaukee Corporation as of December 31, 2012.
KISHWAUKEE CORPORATION BALANCE SHEET DECEMBER 31, 2012
Assets
Goodwill
$120,000
Buildings
1,640,000
Inventory
312,100
Land
950,000
Accounts receivable
170,000
Treasury stock (50,000 shares)
87,000
Cash on hand
175,900
Assets allocated to trustee for plant expansion
Cash in bank
70,000
Debt investments (held-to-maturity)
138,000
$3,663,000
Equities
Notes payable
$600,000
Common stock, authorized and issued, 1,000,000 shares, no par
1,150,000
Retained earnings
858,000
Appreciation capital
570,000
Income tax payable
75,000
Reserve for depreciation recorded to date on the building
410,000
Instructions
Prepare a corrected classified balance sheet in good form. The notes above are for information only.
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