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Question - Ronald, a calendar-year taxpayer, purchased used furniture and fixtures for use in his business and placed the property in service on November 1, 2015. The furniture and fixtures cost $56,000 and represented Ronald's only acquisition of depreciable property during the year. Ronald did not elect to expense any part of the cost of the property under Sec. 179. What is the amount of Ronald's depreciation deduction for the furniture and fixtures under the Modified Accelerated Cost Recovery System (MACRS) for 2015?
a. $2,000
b. $2,667
c. $8,000
d. $16,000
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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