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Question: Curran pays all his car expenses by cheques drawn on his business bank account. In the books of the business all these payments are debited to an account for Motor Expenses. To cover private use of the car he treats half of the expenses as private and transfers this proportion to his personal Drawings Account. On 1st January, 1962, he owed £16 for Repairs and had paid Insurance in advance £12. During 1962 he drew cheques to the value of £193 and on 31st December, 1962, he owed £13 for Repairs and had paid Insurance in advance £14. Show the account for Motor Expenses in Currants ledger for 1962 after the accounts for the year had been closed.
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
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