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Question - Florence Company received a bank statement showing a balance of $12,000 on November 30, 2019. During the bank reconciliation process, Florence's accountant noted the following bank errors:
1. A check for $143 issued by Florentine, Inc. was mistakenly charged to Florence Company's account.
2. Check 2782 was written for $200 but was paid by the bank as $1200.
3. Check 2920 for $77 was paid by the bank twice.
4. A deposit for $580 on November 22 was credited by the bank for $850.
Required - Assuming outstanding checks total $1,350, prepare the adjusted bank balance section of the November 30, 2019, bank reconciliation.
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
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Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
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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.
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CAPM and Venture Capital
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