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Assignment
Question 1
Throughout most of your accounting education, you prepared your work either manually or in an electronic spreadsheet. Do you believe there are still companies doing the accounting manually? What benefits are there to learning to do the work manually before being introduced to accounting software?
Question 2
In the introductory reading about Jorge Luis Borges, you learned about the opening reference in "The Garden of Forking Paths" to the military historian, Liddell Hart. "Official history," say the editors, "is undermined [by Borges] on the very first page" of his fiction. Does Borges mean to imply in his story that there is no such thing as official history? In your opinion, what is "official history" compared to just "history?" How does one decide which is the official history and which isn't? When possible, be sure to include details from "The Garden of Forking Paths" in your discussion.
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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