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Question - Please help with the following exercise related to Governmental Accounting.
The North County School District began the 2018/19 fiscal year with $4,000 of office supplies on hand. During the fiscal year, it engaged in the following transactions for office supplies
The district purchased office supplies at a cost of $24,000,
It processed payments to vendors totaling $21,000 for the supplies, and
The district used supplies during the year costing $22,000.
The district uses the Consumption Method to account for inventories. Accordingly, the district's CFO has asked you to prepare journal entries reflecting these transactions during the year, as well as accounting for the changes in the district's year-end inventory balance.
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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