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The Only Shirt Wholesalers spent $10,200 to purchase 1,000 shirts from a shirt manufacturer as inventory. Hip Hop Shirt Retailers purchased 1,000 shirts for $15,200 from The Only Shirt Wholesalers on May 13, 2019. Payment is due on June 13. Both companies use the perpetual inventory system.
Problem a) Prepare the journal entry for Hip Hop Shirt Retailers on May 13.
Problem b) Prepare the journal entries for The Only Shirt Wholesalers on May 13. Record the revenue transaction first.
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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