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Question -
1. Xavier paid its P1,390 electric bill for the month.
2. Friendly Store sold for cash, P4,500 worth of merchandise. The cost of goods sold is P2,300 The company uses perpetual inventory system.
3. Waldo Merchandising purchased on account P23,000 goods for resale from Melody Inc. The company uses periodic inventory system.
4. Butch Auto Repair purchased a building for his business at a cost of P500,000. Butch paid P300,000 and for the balance he issued a promissory note payable 60 days after.
5. Seth Laundry Company paid advertising contract for one month, P2,000.
Requirement - Prepare the journal entry to record the following independent transactions.
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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