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BuyCo, Inc., holds 24 percent of the outstanding shares of Marqueen Company and appropriately applies the equity method of accounting. Excess cost amortization (related to a patent) associated with this investment amounts to $11,400 per year. For 2020, Marqueen reported earnings of $114,000 and declares cash dividends of $33,000. During that year, Marqueen acquired inventory for $56,000, which it then sold to BuyCo for $70,000. At the end of 2020, BuyCo continued to hold merchandise with a transfer price of $32,000.
Question a: What Equity in Investee Income should BuyCo report for 2020?
Question b: How will the intra-entity transfer affect BuyCo's reporting in 2021?
Question c: If BuyCo had sold the inventory to Marqueen, would the answers to (a) and (b) have changed?
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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