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Question: February 1 December 31 $18 000 in his drawings account.
a) Record the journal entry to establish the partnership.
- Brady and Manning decide to start up a partnership. Brady brings in $20 000 cash and equipment costing $80 000, with $36 000 in the accumulated depreciation account. The fair market value of the equipment is $32 000. Manning brings $44 000 in cash. They agree to an income ratio of 5:4.
- The business records a net income of $32 000, and Brady has a debit balance of
b) Record the entry to allocate the net income to the partners' capital accounts.
c) Prepare a Statement of Partners' Equity for 2014.
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.
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Create a cost-benefit analysis to evaluate the project
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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.
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CAPM and Venture Capital
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