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Problem - Kelly Corp.'s Data
2012 2011
Sales $180,000 $200,000
Cost of Goods Sold 80,000 100,000
Net Income 36,000 40,000
Accounts Receivable,
December 31 8,000 16,000
Inventory,
December 31 40,000 20,000
Suppose that 37.5% of Kelly Corp.'s total sales are cash sales. What is Kelly Corp.'s net profit margin for 2012?
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.
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