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Sutter Floor Coverings reported the following summarized data at December 31, 2018. Accounts appear in no particular? order, and all have normal balances
Question 1: Prepare the trial balance of Sutter Floor Coverings at December 31, 2018.
Service Revenue $ 42,000Salaries Payable 28,000Equipment 50,000Salaries Expense 1,500Rent Expense 15,000Cash 15,000Sutter, Capital 15,000Accounts Receivable 4,500Accounts Payable 2,000 Interest Payable 9,000Sutter, Withdrawals 8,600Utilities Expense 1,400
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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