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Question - Late in December 2021, XYZ Corp. (XYZ), a publicly traded company, completed the manufacture of 600 air conditioners for L0 Inc. (LO). Each unit retails for $1,200 and has a cost of $620. When advised of the pending shipment of the completed units, LO requested that XYZ hold the product, claiming LO's warehouse was full of merchandise for the holiday season. LO agreed to accept ownership of the product while XYZ held the product, and to reimburse XYZ for any incremental holding costs.
Required -
a) Prepare the journal entries that XYZ should record at December 31, 2021.
b) Identify the type of transaction between L0 and XYZ, and briefly discuss any related conditions.
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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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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