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 - Apple designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. Apple employs over 80,000 people in the United States. A recent statement of cash flows contained the following information (in millions):
Year 3
Year 2
Year 1
Cash flows from financing activities:
Repurchases of common stock
(45,000)
(22,860)
-0-
Required - Assume that the repurchase of common stock in Year 3 was attributable to 300 million shares of common stock being repurchased at $150 per share. Prepare the journal entry to record the purchase of treasury stock in Year 3.
Assume that in Year 4, Apple resold 25 million shares of the treasury stock that was originally repurchased in Year 3. Assume the firm was able to resell these shares at $175 per share. Prepare the journal entry to record the sale of the treasury shares.
Assume that in Year 5, Apple resold 10 million shares of the treasury stock that was originally repurchased in Year 3. Assume the firm was able to resell these shares at $140 per share. Prepare the journal entry to record the sale of the treasury shares.
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