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Question - On November 1, 2020, Jean Higgins started a wedding planning company, Extraordinary Studios. On November 30, 2020, the company's records showed the following items.
Cash $18,500
Accounts receivable 17,500
Office supplies 5,500
Automobiles 41,000
Office equipment 25,650
Accounts payable 8,000
Owner's investments 89,000
Owner's withdrawals 4,110
Wedding consulting revenue 27,000
Rent expense 2,800
Salaries expense 6,500
Telephone expense 1,730
Utilities expenses 710
Required - Use the above information to prepare a November income statement for the business.
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.
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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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