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1.On January 1, 2013, Poplar Fabricators Corporation agreed to grant its employees two weeks' vacation each year, with the stipulation that vacations earned each year can be taken the following year. For the year ended December 31, 2013, Poplar Fabricators' employees each earned an average of $900 per week. Seven hundred vacation weeks earned in 2013 were not taken during 2013.Required:1. Prepare the appropriate adjusting entry for vacations earned but not taken in 2013.2. Suppose that, by the time vacations actually are taken in 2014, wage rates for employees have risen by an average of 5 percent from their 2013 level. Also, assume wages earned in 2014 (including vacations earned and taken in 2014) were $31 million. Prepare a journal entry that summarizes 2014 wages and the payment for 2013 vacations taken in 2014.
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
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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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