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Problem 1: Brady Systems entered into the transactions listed below. In the journal provided, prepare Brady's journal entries, assuming use of the periodic inventory system. Omit explanations.
June
3 Purchased $800 of merchandise on credit, terms 2/10, n/60. 6 Returned $100 of the goods purchased on June 3. 7 Paid freight charges of $70 on goods purchased on June 3. 12 Paid for the goods purchased on June 3. 13 Sold goods on credit for $1,000, terms 1/10, n/30. 14 The customer of June 13 returned $100 of the goods. 23 Received payment from the customer of June 13. 25 Purchased office supplies for $250.
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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