Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Glover Corp. sells handheld electronic devices. At the end of 2017, the company had a large stock of inventory that became obsolete. The current inventory had a laid-down cost of $107,000. The company estimated that this old inventory could be sold for approximately $85,000. The regular commission on sales is 10% but sales personnel were given additional 5% to further accelerate the sales.
In early 2018, the company discovered that some of the inventory could be upgraded and modified which would allow the product to compete effectively in the market. In February 2018, these inventories were upgraded at a cost of $10,000. The company estimated that after the conversion, the newly adapted inventory could be sold for $118,000 (before regular commission) in the market.
Required - Using the valuation allowance method, prepare the appropriate journal entries to record inventory adjustments for 2017 and 2018.
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
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd