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 - On March 31, 2015, Grimy Corporation sold equipment by taking an $800,000, five year, non-interest bearing note, and also received cash of $200,000. The prevailing market rate for similar debt is 8%. Grimy will receive five equal yearly payments beginning on March 31, 2016. The company reports using IFRS. Assume that your year-end adjusting entries are reversed. You do not need to show the reversal entry.
a. Calculate the present value of the note in exact dollars and cents.
b. Prepare the journal entry for the sale of the equipment.
c. Prepare the necessary adjusting journal entries and the entries for receipt of the yearly payment for:
December 31, 2015
March 31, 2016
December 31, 2016
March 31 2017
Calculate and journalize amounts in exact dollars and cents. Round interest calculations to the nearest full month.
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